4 ms·
All fungible markets are prediction markets. The idea that only some are is a mirage.
by bjourne 6mo ago
All fungible markets are prediction markets. The idea that only some are is a mirage.
- lazide 6mo agoSure, but in some you’re explicitly predicting the time someone gets black bagged, or an invasion happens - or you’re predicting next months oil price, which may be a defacto proxy, but has less moral hazard if you’re a random special ops guy.