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bjournetoday at 5:58 AM1 replyview on HN

All fungible markets are prediction markets. The idea that only some are is a mirage.


Replies

lazidetoday at 7:35 AM

Sure, but in some you’re explicitly predicting the time someone gets black bagged, or an invasion happens - or you’re predicting next months oil price, which may be a defacto proxy, but has less moral hazard if you’re a random special ops guy.