828 sats \ 4 replies \ @elvismercury 20 Nov 2023 freebie \ parent \ on: Stacker Saloon
Assassination markets would kickstart the most serious and forceful opposition to bitcoin, and all of crypto, that have ever happened to date. And also, would be a great evil in the world. So please, not that one.
From a profit perspective, seems like sports betting could really be a killer app. Although would that also introduce forceful and well-funded opposition on all fronts? I'm not sure.
yeah, i agree. just wanted to mention them to make people aware of the downsides of prediction markets. it's not all shiny
you also need to be aware how easy a prediction market is to game. if it's easy to game, you essentially buy influence.
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Perhaps it could be a more general removed from office prediction, without specifying the particular method.
I am curious about how strong the legal opposition will be to sports betting. It obviously undermines an enormous industry.
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From a profit perspective, seems like sports betting could really be a killer app. Although would that also introduce forceful and well-funded opposition on all fronts? I'm not sure.
oh yeah, forgot the most discussed use case on SN, lol
also not sure. people already talk about corruption in sport games. would prediction markets make it a lot worse? potentially, since the rewards for corruption can be a lot higher. i guess it depends on how much corruption currently costs.