Prediction markets will rapidly grow once it's easy (for inebriated idiots) to make (dumb) bets for entertainment
8
Ṁ100Ṁ98resolved Apr 13
Resolved as
53%1H
6H
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competing for reputation and play money is much less engaging than shitposting with money at stake
Mar 5, 11:53am: the more dumb money in the market, the more incentive for smart money to clean up aka "price discovery"/ "efficiency"
Mar 5, 11:53am: see: sports betting
Mar 5, 11:59am: resolving at market price upon closing... i think that should be automatic default.
Mar 5, 11:59am: @Gurkenglas, yes, you can buy M$, but you can't sell it....
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