Content
@
https://warpcast.com/~/channel/skininthegame
0 reply
0 recast
0 reaction
Nick Tomaino🎩
@nick
Understand this sentiment, gambling can be very bad when taken to the extreme. But when people with knowledge contribute by risking money in a market, more truth is revealed. This is great for humanity. The much darker alternative is a world where a few companies control perception with no accountability.
7 replies
4 recasts
28 reactions
CJ
@cjh
not to mention when autonomous agent swarms start doing it microscopically, at scale. their survival will depend on the efficient determination of truth
0 reply
0 recast
0 reaction
kia
@kia.eth
speculation =/= gambling casually equating the two is Keynesian talk if not outright Marxist. you'll find yourself losing the fight to 'gut feelings' if you don't respect Rectification of Names. this is how they're different: https://paragraph.xyz/@kia/speculation
1 reply
0 recast
0 reaction
rubinovitz
@rubinovitz
I think we’ll look back in shock about how we’d make major life decisions based on bad authoritative sources and journalism before prediction markets. Agree gambling addiction is bad, but prediction markets may be net positive for society. Just based on how dangerously hard it is to find truth now.
1 reply
0 recast
1 reaction
jihad ↑
@jihad
Conceptually, it’s a very interesting idea. I agree with the goal. I just wonder if we can reach the same or similar outcome without primitive, zero-sum markets that will inevitably lead to adverse behavior.
0 reply
0 recast
3 reactions
Timbrrr 🎩🧢 ↑ 🍖
@twb
It’s like community notes but with money
0 reply
0 recast
1 reaction
Jake Stevens 🎩
@jrstevens
Imo one issue is there's no clear line between a "prediction" and gambling. After sports bet legalization, seems like every other Hulu ad is for gambling now What happens when the outcome of a gronk kick expands to literally anything? How do you encourage a market that seeks truth vs just glorified gambling?
0 reply
0 recast
0 reaction
~disrec-sicsel
@rhysmonkey
$rep to the moon
0 reply
0 recast
0 reaction
