4 ms·
The difference between finance and gambling is largely class. The things we call finance and gambling today both trace back to gambling/insurance in Venice a fe
by drewcoo 6y ago
The difference between finance and gambling is largely class. The things we call finance and gambling today both trace back to gambling/insurance in Venice a few centuries ago. They've diverged over time to reflect society and now Vegas is low brow and Wall Street is peopled with suits. If finance has been reduced to gambling, it just means that class boundaries are being broken down. In the cases listed, broken down by technology.