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Re:White hat hacker awarded $2M for fixing ETH-creation bug by phphphphp on Sunday February 13, 2022 @11:28AM (#30322871)
For most people, gambling isn't a financial decision, it's an entertainment decision. The value of thinking about winning (regardless of how unlikely it is) is worth the $1 cost of a lottery ticket, so labelling gambling a "stupid financial decision" is like labelling owning a TV while poor a "stupid financial decision"... but poor people deserve entertainment as much as rich people.
Re:White hat hacker awarded $2M for fixing ETH-creation bug by emiliobumachar on Sunday February 13, 2022 @12:27PM (#30323484)
The people who buy a lot of tickets are overrepresented among the winners, to the exact proportion of the size of the ticket pile.
Re:White hat hacker awarded $2M for fixing ETH-creation bug by karamanolev on Sunday February 13, 2022 @04:44PM (#30325982)
I'd argue that for most gambling, it's not a decision, but an addiction or false hope financial decision. Those that treat it as a entertainment don't really gamble that much money.

Not sure if that's true by number of gamblers, but my gut says it's mostly true weighed by the amount of money gambled away. I say mostly, because we don't count rich kids / oligarchs wasting money for fun, who might dominate the value chart.

Re:White hat hacker awarded $2M for fixing ETH-creation bug by toolz on Sunday February 13, 2022 @11:43AM (#30323044)
Gambling is not a human right, no one deserves to be able to waste resources they have no matter how much they may or may not enjoy it.
Re:White hat hacker awarded $2M for fixing ETH-creation bug by samatman on Sunday February 13, 2022 @12:58PM (#30323818)
Time to trot out my favourite paraphrase of Babbbage: I am not able rightly to apprehend the kind of confusion of ideas that could provoke such a statement.

Suppose another ape and I are out enjoying the State of Nature, and we both should have a round troy ounce of silver in our pockets, with heads and tails as an agreed convention. Suppose I were to say to the other ape, "on whose face does Fortune shine her rays?" and we were to flip both rounds, such that whomever showed heads had the better of it: were it both of us, we would exchange, but one head and one tails, well, one ape will leave the gamble richer and the other skint.

Tell me toolz, how should you prevent this encounter without committing a human rights violation? Show your work, please.

Re:White hat hacker awarded $2M for fixing ETH-creation bug by toolz on Sunday February 13, 2022 @01:31PM (#30324197)
Why would I prevent this encounter? Did two adults consent to behavior they both felt benefited them? Who are you or I to suggest our ideals are better than theirs?

All I've said is that you, nor I, should be responsible for making this behavior possible - you seem to have misinterpreted my intent completely if you think the absence of a right is the same as a mandate against someones ability to participate freely as they wish with other consenting adults.

Re:White hat hacker awarded $2M for fixing ETH-creation bug by kortilla on Sunday February 13, 2022 @02:16PM (#30324640)
You’re confusing rights and entitlements.
Re:White hat hacker awarded $2M for fixing ETH-creation bug by teawrecks on Sunday February 13, 2022 @12:02PM (#30323222)
What? So startups should not be allowed? 90% of them fail after all. The odds of a startup being successful is literally gambling.
Re:White hat hacker awarded $2M for fixing ETH-creation bug by fire on Sunday February 13, 2022 @12:14PM (#30323346)
I feel like the difference is that companies are generally intended to be a concerted effort of one or more individuals, as opposed to an actual roll of the dice.

Like without getting into nits, you can actually directly effect the direction and value of a company, but you can't affect the roll of dice or the output of a random number generators.

Risk in and of itself doesn't imply the entire thing is gambling; that said, investing by itself would be way closer to gambling in that context, imo

Re:White hat hacker awarded $2M for fixing ETH-creation bug by toolz on Sunday February 13, 2022 @12:26PM (#30323471)
Are you being sarcastic? I said it is not a human right - no one should guarantee anyone the ability to start a business as it isn't societies responsibility to pay the cost of some individuals risk tolerance.

I'm saying the opposite of what you seem to be implying. I'm saying anyone can gamble or start a business, but it's no ones responsibility to make sure they have the option to do so.

Re:White hat hacker awarded $2M for fixing ETH-creation bug by MathCodeLove on Sunday February 13, 2022 @01:33PM (#30324207)
Who are you arguing against? I don't think anyone is implying that gambling itself is a fundamental human right.