Ladies and gentlemen, I am selling a red button for 10 million.
https://image.nostr.build/70305a1200e9429e7473d0dd72be6d72937466acb8845d4fd9aa494cf56f7a47.jpg
Take a $50M loan.
Create a market on Polymarket and bet $50M that the red button will fail. This will obviously be matched by random Polymarket gamblers that the red market will succeed.
If the red button succeeds, I have $100M and can pay the loan back.
If the red button fails, I have $100M from Polymarket and can also pay the loan back.
In both cases I get to keep $50M.
Create a market on Polymarket and bet $50M that the red button will fail. This will obviously be matched by random Polymarket gamblers that the red market will succeed.
If the red button succeeds, I have $100M and can pay the loan back.
If the red button fails, I have $100M from Polymarket and can also pay the loan back.
In both cases I get to keep $50M.