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142 sats \ 18 replies \ @WeAreAllSatoshi 13h \ parent \ on: 🚨 Middle East Tension Markets LIVE 🚨 oracle
Calling them bets or wagers instead of predictions probably doesn’t help lol
Also indicating it’s for degens is also probably not great haha
That’s certainly true and it’s not like there’s no gambling or betting involved.
The point of prediction markets is different than gambling, though, which is relevant here.
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I totally agree. I’m mostly just commenting on how it’s presented which can affect perception
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It will be a tough sell if we keep joking about being a bunch of degenerates.
That’s fun though, so I’d like to keep doing it.
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I agree with @Undisciplined and @WeAreAllSatoshi. I will stop using the term bet or wager. Also no more Degens - it makes it less serious. I thought it was bringing in more fun culture - but I guess prediction markets must be more serious about these things especially like the markets above.
As you can tell I use AI to generate these markets announcements (I'm just not a good copywriter). I think it good at generating more click baits - but lack the seriousness especially in context with the above markets.
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Also no more Degens - it makes it less serious.
And thus my Degens' Meetup is ditched!
I too agree that saying betting or wager instead of predicting sounds like same as betting/gambling.
You can see even in my Degens' posts, I didn't use these words.
But to one specific stacker who I won't call names, will forever be a degen. ;)
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The way I think about it, degens are an input to prediction markets, which themselves are an information service.
In a traditional casino/sportsbook, the information service is an input to the entertainment product of gambling.
Just to be clear, I found it fun, too. But to differentiate yourself, I think this is the right move
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