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Alex Nicola's avatar

I like the article overall. But I cannot bring myself to agree with the prediction market insider trading.

Are you saying it is fair and useful to society that people with military knowledge bet on such outcomes?

Or people in government using their insider knowledge?

Sure this happened before but at least there were less outlets where that information could be monetized.

To me this is the same argument as with crypto: sure ransom was a thing before but crypto made it very easy. And is THE use case a layman can see for crypto that could not be achieved with regular money.

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