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> the other posts about the ownership issues aside a good amount of people will find it ethically reprehensible to make money off a scam like this and to participate or be involved with it at all so I've always considered these "why don't you bet on it?" arguments to be in borderline bad faith.

How, exactly, is it unethical to make money off of something like that? Your bet would be providing information to the rest of the market. You would be helping other people to be informed about the situation.



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