Stop Blaming Scrap Metal Thieves. Here’s the Real Problem.

You’ve seen it. Maybe it was on a job site, or maybe you walked past it on the way to work. A massive, commercial-grade air conditioning unit ripped open like a tin can. The copper coils are gone. The rest is just twisted metal, shattered fans, and refrigerant leaking into the air.

The repair bill? $10,000. The payout to the guy who did it? Maybe twenty bucks.

It’s the kind of scene that makes your blood boil. You immediately think: what kind of absolute degenerate destroys a $10,000 piece of infrastructure for $20? It feels like pure, unadulterated moral decay.

When the reward for a crime is a rounding error compared to the damage done, you aren’t looking at a crime wave. You’re looking at a math equation.

This isn’t just happening in your neighborhood. Recently, Moxie Marlinspike highlighted the absurd reality of the scrap market. A friend of mine who managed properties in Sacramento spent half his life replacing electrical equipment that thieves demolished to get to copper that pays roughly $5 a pound. If people are willing to work this hard for steel at $0.04 a pound, nothing is safe.

Fifteen cents a pound. That is the going rate for the kind of scrap that requires bolt cutters, a pickup truck, and a total disregard for the social contract.

We sit around debating the moral failings of these thieves. We demand harsher punishments. We shake our heads at the decline of society. But we are missing the point entirely.

We aren’t experiencing an epidemic of bad character; we’re experiencing an epidemic of missing guardrails.

The real driver here isn’t desperation or evil. It’s the complete failure of the scrap market to absorb metals without basic identity checks. The problem is a structural lack of friction that makes theft too easy and resale too anonymous.

Think about it from the thief’s perspective. The opportunity cost is low. The cash is immediate. The scrap yard doesn’t care where a coil of copper came from. They just weigh it and hand over a wrinkled wad of cash. It is a perfectly rational calculus colliding with a system that refuses to enforce consequences at the point of sale.

Until we force the scrap yards to verify identities, log serial numbers, and delay payouts, the math will never change. The thieves are just taking the path of least resistance.

You can’t legislate morality into a man who is broke, but you can absolutely build a fence high enough to stop him from fencing your copper.

Stop blaming the desperate. Start blaming the market that makes their desperation so profitable.