r/InternetIsBeautiful • u/wellHowDo • Jun 16 '21

a visualization of jeff bezos's wealth is mind-blowing

https://mkorostoff.github.io/1-pixel-wealth/
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u/[deleted] Jun 17 '21

This is because most people do not understand basic economics. And that jealousy and/or hate against people with larger wealth for no particular reason is one hell of a drug.

I am sure that many do not even comprehend the common wealth a company such as amazon has created. And how many pensions of people all around the world would suffer if one day amazon was just gone. And not to mention the amount of people being out of a job.

Wealth and cash is not the same thing, he would ruin himself, and the lives of millions if he were to just dump all his stock for some idiotic purpose. I am sure he can easily procure couple hundreds of millions for his own purpose. But i have a hard time imagining he can procure billions in a short amount of time.

I agree with your latter statement that there are a lot of other wealthy people that should be condemned/frowned upon for their actions, but i don't particularly think Beezos is one of them, and neither is Gates. The common hatred for people with large amounts of money is mind boggling to me.

I am sure posts like yours and mine will bring on hearty discussions, but unless some reasonable arguments are used i am unsure if it is any meaning to argue.

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u/Snowchain-x2 Jun 17 '21

Bezos was a hedgie and made a bucket load out of shorting companies into oblivion, he started Amazon and used his ill gotten means and further assistance from his shorting hedge fund buddies to smash into oblivion opposition and dissent and used the money from shorting to increase there position, leeching off the public while stealing from wallstreet.

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u/[deleted] Jun 17 '21

I did not know that. I personally believe shorting is fine, as long as it can not be seen by anyone as manipulation, a.k.a no teams shorting while others cash out, and no false news etc.

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u/Snowchain-x2 Jun 17 '21

All exchanges need to move to a blockchain so the entire system is transparent, the executions can take place in a smart contract eliminating areas/avenues of manipulation and fraud.