2 ms·
Since the public stock market is no longer a place where companies sell stock to raise capital to build things to make even more capital (Tesla excepted), is se
by njarboe 8y ago
Since the public stock market is no longer a place where companies sell stock to raise capital to build things to make even more capital (Tesla excepted), is seems unproductive to give people who can do well in a prediction market of the future cash flow of public companies (the stock market, basically) lots of resources for doing that. It would be cooler and more useful if we supported prediction markets in all kinds of things that people want to know about. The average yearly temperature at 50 known recording stations in Europe from 2020-2030, 2030-2040, 2040,2050, 2060-2070, etc., would be one many governments, corporations, and people would like to know about.