The example of financial derivatives is really strong: on the market it's basically a form of gambling. Will this thing go up and down? Noone knows, but you're

The example of financial derivatives is really strong: on the market it's basically a form of gambling. Will this thing go up and down? Noone knows, but you're a genius if it works and a loser if not. But if you own something and hedge by e.g. getting puts it's a form of insurance. So the instrument is the same, it's the intent that makes it different.