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polymarkets are a curse; they'll never be able to stamp out the perverse incentives. I can't wait until we wake up to the fact that they should be banned. we h
by insane_dreamer 6mo ago
polymarkets are a curse; they'll never be able to stamp out the perverse incentives. I can't wait until we wake up to the fact that they should be banned.
we have a whole government department SEC and complex reporting laws just to try to stop manipulation of the stock market for profit, and that's with a very small scope (stock price) -- the polymarket scope is theoretically infinite, there's no way to regulate that
people should watch Nightcrawler for an idea of where this this sort of thing can lead to