> Normally this is called a scam or a fraud So why not call it a scam or a fraud... | Hacker News

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cardamomo on July 16, 2023 | parent | context | favorite | on: Who employs your doctor? Increasingly, a private e...

> Normally this is called a scam or a fraud

So why not call it a scam or a fraud? I know there's likely a solid legal argument for not classifying it as such, but laws can be changed.

lordnacho on July 16, 2023 [–]

Because those are terms for standard pretend-products like when someone buys a timeshare or gets a watch they thought was a Rolex.

This is its own thing that operates on another level.

The only thing they have in common is that people aren't getting the value they thought.

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