• Eddbopkins@lemmy.world
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    18 hours ago

    This is just redistribution of wealth, from poor stupid people who do not have inside knowledge of events to richer people who do. The evidence is that navy seal guy who recently got cought making 400k+ on his own actions.

    • Gsus4@mander.xyzOP
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      8 hours ago

      Yeah, markets are inequality machines, betting is just the extreme case.