For what it's worth, you seem consumed by your envy. Accept that crypto investors, even the most stupid ones, took a risk you didn't take and were rewarded handsomely.
Down that path lies authoritarianism: who decides what is productive?
Is art productive? Is your comment on HN productive? Is beer productive? Is Haskell productive? Are you productive? It isn’t hard to argue most everything is non-productive. Remove all non-productive uses of money or time, and what is left?
The scariest part of this line of thinking being so common is that it has happened! We've bench-marked humanity towards productivity before: dosed drinking water with amphetamines instead of fluoride and outlawed art and mandated labor at tank factories. Productivity!
Down that path lies authoritarianism, but more than that: down that path lies mass murder. What could be more productive than removing those who block productivity?
I appreciate your comment but I am always blown away by how kindly people respond to that idea of "unworthy activity", as if its not one of the cruelest ideas a person can possibly have. It's more common here because it's a community of engineers - we work with complex automations all the time - so it's only a natural mistake to see humanity as a complex automation too, and want to engineer it. But I still can't forgive the callousness.
Regardless, academically defining something as more or less productive than something else is not authoritarian. Nor is deciding personally if something is “good” or “bad”.
Now if someone in government decided to create and pass legislation based on their personal academic or philosophical beliefs, and not based on some factual usefulness of the legislation, than I think that would fall under the definition of authoritarian.
Long story short: That project is long gone. I viewed BTC as an interesting payment method that might have some inherent value as an efficient and anonymous means of transfer, which it's not anymore. I never trusted it and I didn't want to gamble on its fluctuations since the casino was denominated in USD and I was already exposing my savings to literal gambling risk (albeit playing as the house - still scary). So eventually I took to just getting rid of BTC daily, trading out the day's rake, and only buying it to do payouts. Closed the casino in 2013 and never saw any major profit, stakes being as low as they were.
I'm a middle aged working coder with a net worth short of $1m. I've thought a lot about what my life could have been like if I hadn't done ANYTHING except hold that initial 5000 BTC instead of getting out of it. And you know what? I'm not sorry about it. I did what seemed smartest to me at the time: I got rid of what I thought was a bad investment. And by then I knew plenty more about Bitcoin than most of the people who've bought into crypto since. Under the same set of conditions, where that was a meaningful chunk of my savings, I'd do the same again every time.
You're absolutely right that there is nothing healthy about being bitter or angry towards people who strike it rich - even, or perhaps especially, if they do so by pure luck.
Life is a casino. Envy gets you nowhere, and it's not a good look. Show a little class and you might get comped for the show.
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In fact, frequently I feel sorry for them because they seem so desperate to be friends with me - because my life experience had been "real" and presented me with real shit they never had to deal with. They lack more for true friends than you or I. And I can't covet what they have when I can see, plainly, that I wouldn't want to trade places with them. And that a lot of times they want to trade places with me.
We all die. Happiness and bliss is just as likely to find you in a park behind a dumpster as in a penthouse. All the rest of the angst about judging who deserves what is just a waste of the time you have on this earth to define yourself independently.
"Hey, look, just take risks, because if you don't, you'll be poor AND bitter."
I never asked anyone to take risks, and buying into unproductive assets is usually not a good idea. Neither is gambling. But holding this kind of resentment will eat at you. If other people get lucky, you should be glad, not hateful.
Everything else is just a smoke screen to make "your lucky existence" justified compared to the masses who did nothing wrong except be born into this system.
Narrator: It wasn't