@kaburbank: Prediction markets: how do you predict this will go? @RepresentUs

Evan :

Prediction markets should be illegal. it's just gambling

saffron :

How much did the national anthem kid make?

MAX KUCI :

everything is gambling now and I hate it

johneatsdogs :

can we bet that prediction markets will crash the economy?

O0O0O0O0O0O0O0O0O0tiktok :

maybe this will teach everyone what conflict of interest is and realize how many loopholes need to be closed within our government on all levels

CamBrony&Cheese :

All forms of gabbling should be illegal

Michael Whitehouse :

The purpose of prediction markets is to extract information from the market. Insider trading is part of the mechanism. Of course, if it's predicting things that have no value to know, then it's really just gambling.

kathrynn :

Can you allow reposts? I’d like to share.

Gimlisbeardwax :

Yes but we live in hell so it makes sense

Robot_Dreams#5750 :

“Conflict of interest”

EvilRedneckBob :

gambling was supposed to be illegal. why is it legal everywhere now

MyCuteCat :

I’ve been blocking every creator promoting that app and it’s been maybe 50 blocks in less than a week. Insane.

YouldonZ :

Even calling it a prediction market instead of a gambling app is handing them a narrative win.

daveyjcty :

From what I've learned by trading in the stock market and now trading BTC predictions is the whole game is cooked. It feels like the prediction markets front run the rest of the markets and are in fact just another way to steal from stupid people.

Wolverine Tax :

Weather futures were around long before the prediction markets as they’re currently called, but this takes either/both to a grim level.

Zippity_Zapp :

What happens if you lose? Like do you lose actual money or credit or assets or what do they do? Do they cut off a finger?

GoodDay :

CNJ_Guy :

Prediction markets are dangerous

WhiteBuffaloSpirit :

It’s the new national pass time and they are converting American dollars into a stable coin. I have concerns about what will happen with that stable coin, especially if they change the conversion metric.

billthesaint :

This shit DARKS ME OUT.

anti-orca club :

do you know how much of a monumental shift it is in federal securities legislation to get CFTC to regulate insider trading, which has historically been an SEC MNPI problem? and if they succeed, can Exxon not hedge anymore? Can Quick Trip not protect prices for consumers? Can ADM and Cargill not sell insurance to farmers? This is a bigger issue than "prediction markets bad" (which they are)

LaughandKeepMoving :

I had no idea this could be a spy tool? Whoa! Interesting as fuck!

RhondaJ8608 :

Or that a juror would change their vote or holdout for a certain amount of time to make money

CrunkDunkle :

this country is sick.

Vrypunk🦇 :

Jesus how bleak.