Posted by toomuchtodo 10/31/2025
Apologists for that practice claimed there was no harm in it, but now we see the harm - a generation of young men trained on those that is now older and ruining their financial future on sports betting.
This is exactly what it felt like to work in crypto.
Don’t expect anything to change anytime soon
Which is a fun novel conflict of interest because he’s also ultimately the executive in charge of making sure national elections are properly conducted.
Since this is the direction America is going, why not have judges take bets on the outcome of trials? Would be a nice income stream for them, and it would save taxpayer money when judges don’t need to be paid anymore.
Gambling , especially in person gambling such as poker is basically a toned down version of combat sports where you are socially allowed to take something from somebody else because the other person accepted the conditions by sitting at the table or entering the casino.
Much like a boxer accepts the risk when they enter the ring.
The same thing happens on your beloved stock market, you just don't see it.
No way. It's almost like these are addictive products being engineered to be as addictive as possible and deliberately punch people's brains in such a way to make them stay. That's so weird.
The exact same argument could be used to make social media illegal.
No-one can use social media because some people in our society can't control themselves. Socialise the losses.
https://www.ucsf.edu/news/2025/05/430011/yes-social-media-mi...
You know I'm right here, if you have an actual rebuttal and not just dismissive hand-waving.
> No-one can use social media because some people in our society can't control themselves.
I think a lot of people would be measurably better off if not for social media that algorithmically fucks with their brains.
> Socialise the losses.
I mean that's kind of the point of a society yeah? We pool our efforts to enable greater labor specialization and to achieve things no individual can. Like an electrical grid or a highway system. And when parts of those systems break down, we all contribute a little to sorting them out.
Limiting social media to be only used for communication, and not algorithms is a good thing.
To label such activity as a tax on the poor is nothing more than a euphemism. I understand what is being said by the verbiage "tax" in this context. Although no real tax is voluntary.
Labeling this as an issue that disproportionately affects poor is misleading. This is an issue for a few select individuals who make poor decisions. The correlation for poor decisions and lower disposable income is higher than the contrary.
Wealthy by all means have the ability to wager more than they can afford. Often times, they wager significantly higher than average income individuals; however, they stay within their means