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If you tried that today, someone online would come in and buy up that property. We have no defense against monetary predators like we used to.
Strange, ever since that oligarch brought that land it keeps catching fire.
Sure we do. We just need a lot more of this:
Come on down and check out your new property!
Pretty much this. Penny auctions worked because you had to physically be in the room, which means it's far easier for your friends and neighbors with guns and other implements of violence to tell the bank rep "hey maybe you should sit this one out bud" when they show up.
You know, because of the implication.
Mac: “It’s foolproof, dude!—nobody’ll bid when see my sweet ninja moves!”
Charlie: “Yeah, and I’ll huff some paint to really sell the unhinged vibe!”
Dee: “How will that help?”
Dennis: “Because, Sweet Dee… of the implication.”
"Are these bidders in any danger?"
"Yes"
Always funny to see mob mentality suddenly justified when it's for the "right" (subjective) reason.
That's how social contract works
If someone is trying to rob you, you should always have the right to protect yourself from it
That is literally how society works btw
someoneA multi billion dollar conglomerate you mean.