Derivatives is a blanket term that refers to a variety of complex financial "bets" that are available to "sophisticated investors". It's worth knowing that the derivatives market is over ten times larger than the value of all the stocks in the US stock market, at ~$850 trillion with a T. This definitely won't cause any systemic issues like it did last time
Arguably it is, just not in the conventional way. As a player, you're spending your time (and money to buy the game) with the hope of winning some dopamine from it. As a developer/studio, you're gambling time and money to devrlop a game in the hopes that it does well and makes the money back
28 Comments
MalReynolds@slrpnk.net · 15 pts · 156d
What about selling weapons?
HuntressHimbo@lemmy.zip · 26 pts · 156d
Believe it or not, gambling.
lefaucet@slrpnk.net · 17 pts · 156d
Except when it's fraud.
MalReynolds@slrpnk.net · 2 pts · 156d
Well, fraud under Don Tzupid. Or just evil.
orc_princess@lemmy.ml · 9 pts · 156d
If we're talking about the MIC, fraud
PolandIsAStateOfMind@lemmy.ml · 9 pts · 156d
Fraud - absurd markups and cheating vassals.
GraniteM@lemmy.world · 13 pts · 155d
Prostitution? Gambling.
Exotic dancing? Fraud.
Dealing street drugs? Gambling.
Marketing pharmaceuticals? Fraud.
MrSelatcia@lemmy.world · 11 pts · 155d
Professional sports look like gambling but are actually fraud.
HiddenLayer555@lemmy.ml · 8 pts · 155d
Derivatives?
Transform2942@lemmy.ml · 22 pts · 155d
Derivatives is a blanket term that refers to a variety of complex financial "bets" that are available to "sophisticated investors". It's worth knowing that the derivatives market is over ten times larger than the value of all the stocks in the US stock market, at ~$850 trillion with a T. This definitely won't cause any systemic issues like it did last time
HiddenLayer555@lemmy.ml · 7 pts · 155d
Thank you!
Transform2942@lemmy.ml · 5 pts · 155d
Of course!
SpaceNoodle@lemmy.world · 6 pts · 156d
Most video games aren't gambling ...
queermunist@lemmy.ml · 15 pts · 156d
The games that generate the most profit are.
SpaceNoodle@lemmy.world · 1 pts · 156d
The rest are art.
Inucune@lemmy.world · 3 pts · 155d
Art sales are used to legitimatize money transfers for fraud. So fraud.
SpaceNoodle@lemmy.world · 0 pts · 155d
Pretty sure that's a very small fraction of all art.
queermunist@lemmy.ml · 2 pts · 155d
And art doesn't make money.
Gambling does.
vantablack@lemmy.blahaj.zone · 6 pts · 156d
i think the meme creator was probably talking about the prevalence of lootboxes and skin gambling with that
Scubus@sh.itjust.works · 4 pts · 155d
Are you implying there might be some fraud?
FilthyShrooms@lemmy.world · 3 pts · 156d
Arguably it is, just not in the conventional way. As a player, you're spending your time (and money to buy the game) with the hope of winning some dopamine from it. As a developer/studio, you're gambling time and money to devrlop a game in the hopes that it does well and makes the money back
cattywampas@lemmy.world · 10 pts · 156d
Lmao that is not what anyone means when they say gambling and you know it.
SpaceNoodle@lemmy.world · 6 pts · 156d
By that logic, all entertainment is gambling. Petting a cat is gambling. Hiking is gambling. You're gambling by replying in this thread.
zarkanian@sh.itjust.works · 4 pts · 156d
By that metric, any business endeavor is gambling.
FilthyShrooms@lemmy.world · 12 pts · 156d
Unless its fraud
djsoren19@lemmy.blahaj.zone · 2 pts · 155d
I think that's the joke
orc_princess@lemmy.ml · 2 pts · 156d
It's about loot boxes and the like
quick_snail@feddit.nl · 6 pts · 155d
War? gambling and fraud.