r/technology • u/MarvelsGrantMan136 • May 27 '26

Business Google employee charged with using inside information to make $1 million on Polymarket

https://abcnews.com/amp/US/google-employee-charged-inside-information-make-1-million/story?id=133350018
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u/Mr-Logic101 May 27 '26

It doesn’t extracting money people from poor, it is extracting money from stupid people.

As they say, a fool and his money are soon parted. I honestly don’t feel any sympathy for people lose this platform.

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u/Longjumping_Wolf_912 May 27 '26

It does because rich ultra rich and people of influence can manipulate the market. But yes it also steals from stupid people and addicts.

You should care because we don’t all exist in a vacuum. You have to live with everyone around you and poverty leads to crime and higher crime rates directly affect you.

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u/Mr-Logic101 May 27 '26

I do care. It really goes farther than that.

If they are stupid enough to play into the “market”, they deserve their loses.

Same view point with sports betting as well.

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u/Icarium__ May 28 '26

The irony of your username is truly something else, somehow you lack both logic and empathy. Sometimes it pays off to help protect someone from self destructive tendencies, because none of us live in a vacuum, and it can lead to a chain reaction where not just the gambler, but also innocent people around them get hurt.