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This is the literally the only use of prediction markets in the real world - insider trading leaks information
by kranke155 7mo ago
This is the literally the only use of prediction markets in the real world - insider trading leaks information
- schmidtleonard 7mo agoHey, that's not fair! It's also used for degenerate gambling.
- hpdigidrifter 7mo ago>literally the only use I live in Taiwan Can you find me an insurance company that will pay me out in case of a war with China? From what I see absolutely no one will insure that. A $1k premium paid to Polymarket will cover me handsomely in the event of war and pay out instantly with no hassles. A counterpoint to your hyperbole.
- kranke155 7mo agoI offer you my apology! I never thought of it as catastrophic events insurance. It’s true for Taiwan but could you do it for your personal health? I suppose in the future you might have a prediction market for your health vs health insurance! Who knows ? There are só many circles of capitalist hell we might yet invent, but i hope not.