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The money involved in prediction markets at present isn't enough for governments to bother. $436k is a nice windfall for your average individual, but that's pe
by kelnos 10mo ago
The money involved in prediction markets at present isn't enough for governments to bother. $436k is a nice windfall for your average individual, but that's peanuts for anyone at a level to influence government actions.
- vintermann 10mo agoThe attitude of powerful politicians to money is more, "if I can get the milk, why should I keep a cow". You don't actually need billions in your bank account, there's not so much you need to spend it on anyway and it's more trouble than it's worth. The real power is in your network. You can move money to where you want it via that - even to yourself in the form of speaking fees, if you should need some change.
- senordevnyc 10mo agoYou should tell this to the current administration. They all seem to be lining their pockets.
- vintermann 10mo agoFair point. It's gotten worse lately. I wonder if it's because of doomerism (not necessarily unjustified): they maybe don't trust their support networks to be around much longer.