149 sats \ 7 replies \ @orthwyrm 28 Mar \ on: Stacker Saloon
So, SBF gets sentenced today.
One for the anarchists: Does SBF belong in prison for a non-violent crime?
The short answer is: no.
The long one: is complicated.
In anarchy, you must respect the natural law (do not steal, do not do damage, do not kill).
That means in anarchy these kind of things is hardly probable to happen and will be another rules.
I suggest to everybody to watch this short series by Larken Rose: The island (3 parts)
But we are not living in anarchy, so he will get jail.
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Thanks for the videos. I'm listening through them now at work.
Did SBF break the natural law if customers lent him their money voluntarily? I suppose that's where the nuance lies. He defrauded customers and mismanaged the funds in a spectacular way, but did not steal directly.
I'm inclined to agree with you, but it's an interesting case to think about.
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We still don't know exactly what really happen "behind the scenes".
It was a master mega operation with many implications.
To respect the natural law, in the first place you will never give your money to somebody else with intentions to earn yield... because that is only greed.
Only in a putrid world like we live today is possible such thing.
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I believe he would owe restitution to those he defrauded.
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No, he should basically have a lien on all his future earnings, which slowly pays his victims back. However, there might be something like debtors prisons, but the point wouldn't be punishment, it would be to make sure the person continues working off their debt.
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Exactly, this is the correct procedure: lien.
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