100 sats \ 2 replies \ @Undisciplined 10 Dec 2023 \ parent \ on: Prediction markets: can betting be good for the world? (2021) oracle
An extension of b) is that you might spot an inconsistency or other error in the public information that people seem generally unaware of.
I would consider that to be under the umbrella of insider.
The participants are those who believe themselves to have unique information, whether or not they actually do
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good point, i think this became so obvious to me, i don't even think about it this anymore, lol :)
like ... that's the whole point of prediction markets, no? lol :) to finally take things seriously and actually do some due diligence like your life depends on it. a few sats can mean a lot in the future :)
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