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A comment on White hat hacker awarded $2M for fixing ETH-creation bug. Parent comment

Re:White hat hacker awarded $2M for fixing ETH-creation bug by heliodor on Sunday February 13, 2022 @09:51PM (#30327902)
Gambling is not a waste of resources. It is a transfer of resources from one entity to another. It's a zero-sum game.

On an individual level, gambling is roughly breaking even in the long run (say, 95% retention of the resources).

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Re:White hat hacker awarded $2M for fixing ETH-creation bug by dragonwriter on Sunday February 13, 2022 @09:55PM (#30327923)
> Gambling is not a waste of resources.

Yes, it is.

> It is a transfer of resources from one entity to another. It's a zero-sum game.

All real gambling consumes as well as transfers resources, and is, therefore, negative sum.

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Re:White hat hacker awarded $2M for fixing ETH-creation bug by odonnellryan on Monday February 14, 2022 @08:58AM (#30332047)
What do you mean consumes?

By your definition it seems literally everything is a "waste of resources"

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Re:White hat hacker awarded $2M for fixing ETH-creation bug by dragonwriter on Monday February 14, 2022 @10:40AM (#30333300)
> By your definition it seems literally everything is a "waste of resources"

Most activities use resources.

Many produce value and are not a waste of resources.

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Re:White hat hacker awarded $2M for fixing ETH-creation bug by heliodor on Sunday February 13, 2022 @10:39PM (#30328130)
> Yes it is.

No it's not.

Are we "debating" like in first grade or what is this?

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