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Futures markets serve an important role outside of speculation, i.e. producers managing their future price risk. Betting markets do not.
by _zgx0 2y ago
Futures markets serve an important role outside of speculation, i.e. producers managing their future price risk. Betting markets do not.
- memkit 2y agoEverything in finance is isomorphic to some combination of borrow-lend agreements. Betting markets and futures markets are functionally one in the same. The only difference is the oracles and the series of bets required to construct your position.
- hnburnsy 2y agoAgreed but can entities also use the prediction markets to hedge against events that affect them directly or indirectly?