2 ms·
> Congress to close the loophole But i think one of the prediction markets more important uses is to enable insider trading for the current administration.
by stefs 1mo ago
> Congress to close the loophole
But i think one of the prediction markets more important uses is to enable insider trading for the current administration.
- bluecalm 1mo agoIt's a lazy argument imo. As corrupt as they might be there is way more money to make in the stock market or bond market if you have insider info. There is little reason for them to go after peanuts in the prediction markets.
- FireBeyond 1mo agoI don't entirely agree. There's an angle on the "if corrupt, who cares?" but the stock and bond market have orders of magnitude more oversight and (potential) consequences than the risks and consequences of insider trading on the prediction markets.