Comment by cjcenizal
4 days ago
I understand moral arguments but also see how others might not. I think it might be more useful to view this from a societal perspective. Is it to society's benefit to ensure gamblers don't ruin their own lives? To answer that question, what's the cost to society when a gambler ruins their life?
Lost savings means an impoverished individual and potentially an impoverished family and children. These draw support resources from the state and community, are more likely to turn to crime, and are less likely to develop into contributing members of society.
Help me understand the difference between preying on gambling addicts vs preying on gullible old people to get them to buy $500 in apple store gift cards.
Both are scummy but it's not clear how to regulate the latter without huge collateral damage whereas the former is quite straightforward (because there's effectively no societal benefit to begin with).
If we totaly forbid gift cards, which is the huge colleteral damage? If you want to send $500 to John, just write a check in USA or bank transfer in the rest of the world.
Huh? I don’t think you should do either.