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tomtomtom777today at 12:16 AM5 repliesview on HN

This is a nice overview, but please remove the PolyMarket indicator. It is an obscene prediction mechanism as it creates horrible financial incentives to a war situation. Its degenerate effects have been featured here before. [1]

Let's not condone "measurements" that are effectively ways for people to gain money on important political decisions, affecting the lives of many people.

(1) https://news.ycombinator.com/item?id=47397822


Replies

DaedalusIItoday at 1:03 AM

why dont UK start enforcing the Marine Insurance Act 1745 to combat this or the Life insurance act maybe 1775

this law literally make it illegal to gamble on marine risk that you do not have direct economic interest in

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voidfunctoday at 2:15 AM

People don't matter, only outcomes

zeofigtoday at 1:48 AM

I agree polymarket is "bad", but it's also highly relevant and should absolutely be included in this web page.

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nodesockettoday at 12:27 AM

By this logic would you also consider trading OIL (USO) and Palantir a "obscene" market.

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FrustratedMonkytoday at 12:19 AM

> "obscene"

And yet, it is the wisdom of the crowds. The crowds being obscene.

Aren't we all constantly hitting re-fresh for updates, and making predictions.

The prediction markets are just consolidating that 'desire'.

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