3 ms·
The value generation is for passive observers: it is theoretically more informative to be told that there is a y% chance of x from someone with a financial ince
by benced 5mo ago
The value generation is for passive observers: it is theoretically more informative to be told that there is a y% chance of x from someone with a financial incentive to be right.
(also, we allow plenty of zero and negative sum interactions in society. I don't know why this is special.)
- DesaiAshu 5mo agoThis one is regulated as a commodities derivative rather than gambling Call a spade a spade, rather than calling it a club because the president’s son is on the board Corruption is corruption.