Why should the average person care about prediction markets? Hit us with your best one-line argument!
3
190Ṁ70Apr 2
76%
If the stock market is the best we can do for assessing and forecasting the economy, imagine what you could learn and understand more clearly if you got a bunch of people all putting numeric predictions on anything at all.
66%
Regular news almost never is willing to make an actual prediction about the likelihood of future events, while prediction markets give a reasonable, concrete forecast for popular questions.
50%
If someone is being arrogant and wrong in an argument against you, you can easily demonstrate this by offering to bet against them and ridiculing them when they decline.
50%
"put money where your mouth is"
50%
Life is becoming increasingly unpredictable due to labor mobility, geopolitical instability, etc. It is helpful to have a crystal ball
13%
Resolves 0%
Use logic, analogy, pathos, whatever!
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I’ve been inactive and don’t remember why I created this market or how I decided to resolve it. What do @traders prefer I do?
@CelebratedWhale I considered that, but
a. I wanted people to bet on what would win
b. good/interesting answers essentially get rewarded via trader bonuses
@IsaacKing How should I make this market, then? Also, wouldn’t obviously incorrect answers go straight to 0%?
@oh Making this a whale fight will get it unsubsidized, which will get you fewer answers, so I'm not sure why you'd want to do that?