As for the topic at hand. I think that yes, he does have some credit to his argument.
Thank you.
However, you could make the claim that Bitcoin DOES operate like stock in a company (that seems to be how many people use it in trade), but that the company is a decentralized network. Thus the concept of the DAC. And as we all know, the stock market in and of itself is very much like a gaming set up. What draws the difference between the two?
A stock market is just a meeting place that charges a fee or rent for allowing two parties to meet and negotiate a legal contract to exchange two assets. Nobody is excluded from the transaction by a "chance" element, and the exchange of two equal-values assets at the time of transfer is not the awarding of a "prize". AFTER the transaction is concluded, SUBSEQUENT ELEMENTS determine if you made a good trade ("win" or "lose") - NOT your counterparty or your exchange.
Bitcoin is a lottery. Stock markets are not a lottery.