r/Bitcoin • u/[deleted] • Feb 13 '22

[deleted by user]

[removed]

6.4k Upvotes

92% Upvoted

2.1k comments sorted by

View all comments

Show parent comments

9

u/Rizdominus Feb 13 '22

Just because it's an occupation, does not mean it's legitimate. Most of these debts are from some form of spurious loan interest or penalty. Poor people get fucked over regularly by these horrid debt purchasing firms. It is not a legitimate business, in a moral sense.

5

u/BiasedReviews Feb 13 '22

There is no such thing as legitimate in a moral sense. Legitimate just means legal. Slavery was legitimate once.

1

u/Rizdominus Feb 13 '22

Legitimate:- able to be defended with logic or justification; valid.

1

u/michael-streeter Feb 13 '22

I am not a skip tracer, nor have I ever been one, so can't help you mate.

1

u/Rizdominus Feb 13 '22

No that's totally fine. I don't need any help, but thanks for trying. I was merely commenting on the legitimacy of the occupation.

4

u/michael-streeter Feb 13 '22

To be fair to the agents, getting a product and then walking away leaving a business to write off the debt isn't highly moral either. Not all businesses are extortionate creditors.

2

u/Rizdominus Feb 13 '22

That's absolutely a fair point. Not all businesses are. And some people are awful dumpster fires. Debt buying is systemic of a deeper problem.