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Joined 2 years ago
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Cake day: June 12th, 2023

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  • Liftertomemes@lemmy.worldA totally normal thing
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    18 days ago

    Some derivatives aim to lower the risk, so the active decision to buy it would be to ungamble then? Or is it just gambling wyen you choose not to buy it?

    Do you have insurance on your house or do you gamble that it will be fine without it?






  • Liftertomemes@lemmy.worldA totally normal thing
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    19 days ago

    I think you have a very specific definition of gambling which I don’t share. To me, gambling is much broader. Wikipedia summarizes it well:

    “Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize.”

    That’s it. It doesn’t make an opinion whether the bet is fair. There doesn’t have to be a casino involved at all. It also doesn’t require you to put “most or your life savings” into it for it to be gambling.

    I think you are conflating high risk, high stakes and even the precence of a casino into the same concept and call it gambling.

    https://en.wikipedia.org/wiki/Gambling







  • You are arguing against yourself. In the first paragraph you say that the parents should keep kids from social media.

    In the second, you say that it would be a violation of privacy if parents would keep kids from social media.

    Kids need policing, it’s going to need to be done by the parents no matter what the laws are. Personally, I don’t think the laws matter much in this regard.