Benjamin Franklin said that chess was not played for money because:
Benjamin Franklin who was a famous leader in America believed that the game of chess was meant to build psychological attributes like perseverance, curiosity, and intelligence.
In one of his letters, Franklin made this statement, "It is so interesting in itself, as not to need the view of gain to induce engaging in it; and thence it is never played for money." This well illustrates the fact that chess was an excellent and captivating game of the mind.
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