4 ms·
Another thing I don't think the article touched upon - it makes sense to use these markets as a hedge for things you're hoping won't happen, especially as predi
by mindslight 3y ago
Another thing I don't think the article touched upon - it makes sense to use these markets as a hedge for things you're hoping won't happen, especially as prediction markets become less of a niche thing. For example, it would make sense to put down a bunch of money on Trump winning in 2024. Not because you'd be happy if he won, but rather so that if he does win your earnings can mitigate damage elsewhere in your life. Of course you might not want that contract to be denominated in USD...