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Vitalik Buterin
@vitalik.eth
Debate on whether prediction markets are good or bad. One major point I will add is that right now the major markets mostly don't pay interest, which makes them very unappealing for hedging because to participate at all you sacrifice a guaranteed 4% APY on the dollar. I expect lots of hedging use cases to open up once that gets solved and volumes increase more. https://docs.google.com/document/d/1jc_46jk6UEdDY7Dc3hoX0gkTAyXAE07sjV93jPbrU40/mobilebasic
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J. Valeska 🦊🎩🫂
@jvaleska.eth
I am not sure if I got the overall thing there but there is a thing that I want to mention anyway this is a double edge sword where the farmers may find a way to derisk if the sun does not cooperate but what if the inversors just skip the farmer and bet on prediction market ?? while small farmers work over their own investment, what about other potential bussiness that requires of investors that may find more interesting these artifical markets instead the real thing.. this may crash the whole economy
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