alt Hacker NewsI'll steelman it: previously there was no monetary gain to be made by messing with weather sensors. A market like this creates one, creating an externality on owners of weather sensors, on enforcers and courts to investigate and prosecute novel crimes. Administration of taxes on such markets to compensate all the disparate factions harmed by the externalities exceeds the amount which could be collected, so banning is the only proper solution.
> A market like this creates one, creating an externality on owners of weather sensors, on enforcers and courts to investigate and prosecute
I am only half-joking, but this gave me an idea for how to finally get the local courts+LEO near me to get off their asses and actually do some law enforcement and prosecuting - I just gotta create prediction markets on the crimes occuring in public in my neighborhood.