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> but obviously you need someone to take the other side of the bet. Wasn't obvious to me. Can't a prediction stand alone, as in real life?
by 0xdeadbeefbabe 8y ago
> but obviously you need someone to take the other side of the bet.
Wasn't obvious to me. Can't a prediction stand alone, as in real life?
- miketery 8y agoNot if you don't have skin in the game. The associated risk and payout equilibrium becomes the prediction. Without skin in the game you end up with manipulated values.