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Society pick up the bill when they bet the pension on a legal and regulated gambling site too. Or when they bet it all on leveraged tech stocks. Why stop you do
by leoedin 4y ago
Society pick up the bill when they bet the pension on a legal and regulated gambling site too. Or when they bet it all on leveraged tech stocks. Why stop you doing one thing and not the others?
I'm not particularly pro-crypto, but it's an interesting question that we haven't answered very well. It's clear to me that the state shouldn't stop you doing anything risky with your money - that also means stopping people starting businesses. But where do you draw the line? Problem gamblers often funnel every penny they have into betting sites - losing their house in the process. Wall street bets makes it clear that leveraged stocks can cause the same problems. Should we ban them too?