[vmception]

This has never bothered me.

Those same people could always go to an actual casino with only negative expected value games so why spend any thought on it? It seems so incongruent to suddenly care when someone decides to play a positive expected value game.

The only consequence is that people still dont want to give random entrepreneurs their money if they dont have a certain pedigree. Thats the best way for money to circulate in the economy and people dont have the confidence in that to do it. So expect greater market distortions while the government still attempts to get people to do the one thing they dont want to do. People will rather buy bonds at lower and negative yields for capital preservation, or they will rather buy collectibles and crypto for capital growth. The macro trend is clear.

[ffggvv]

except a lot of these people aren’t ones who’d normally gamble at all but there’s a thin veneer of respectability when it’s “investing”