81–90 of 1001 posts
Earlier quoted context omitted.
Polymarket's founder is Shayne Coplan, 27-year old "youngest self-made billionaire" (why do all billionaires seem devoid of ethics?) A sane system would just throw him in jail until his illegal betting market implements KYC.
yea just throw the CEO of microsoft in jail too because illegal transactions are set via Xbox live.
Do you seriously think fraudulent Xbox live transactions are on the same level of the heinous insider trading going on in betting markets?
Or do you just think C-suite should be legally immune from accountability overall?
Polymarket's decentralized and anonymous nature was an intentional choice by its creator precisely because it enables illegal, anonymous transactions.
Yep, far worse than cryptocurrency
AI is 1000%+ far worse to be fair. Cryptocurrency (although I hate it) you don't have to participate, so no harm done. Prediction Markets you don't have to participate, so no harm done. With AI, you're participating whether you like it or not. Layoffs, Job displacement, etc. There is no opt out here. Once you're replaced with AI, that is it. At least with cryptocurrency and prediction markets you can make money but i…
Did you read the article? It is about a journalist getting death threats from members of a prediction market.
Man the moral degradation is off the charts. Prediction markets are easily the worst things to grace the internet by far and its not even close.
Man the moral degradation is off the charts. Prediction markets are easily the worst things to grace the internet by far and its not even close.
Earlier quoted context omitted.
I think the idea behind a prediction market is pretty interesting, especially from an economics dataset point-of-view. And there's probably a lot of fun, harmless things to bet on. eg. "Will Conan lead an extravagent musical number at the Oscars?" But we're in an era of less and less responsible government oversight, so the whole thing naturally gets ruined if there's no guardrails to prevent peoeple without souls or…
>And there's probably a lot of fun, harmless things to bet on. eg. "Will Conan lead an extravagent musical number at the Emmys?" I cannot fathom what could be fun about that.
Man, something like this is going to be a plot point in a movie/tv series soon. Could work in some crime procedural.
Man the moral degradation is off the charts. Prediction markets are easily the worst things to grace the internet by far and its not even close.
I think the idea behind a prediction market is pretty interesting, especially from an economics dataset point-of-view. And there's probably a lot of fun, harmless things to bet on. eg. "Will Conan lead an extravagent musical number at the Oscars?" But we're in an era of less and less responsible government oversight, so the whole thing naturally gets ruined if there's no guardrails to prevent peoeple without souls or…
The gambling market is really bringing out the worst of us.