Damus
ODELL · 6w
- insider spun up a fresh polymarket account - bet $30k on maduro taken out - made $400k prediction market working as designed https://blossom.primal.net/7ed4b737f60761b962a0df24202672de39eb0081e2...
Ross profile picture
Other than the financial reward for the winner, what aspect of the design is working here? We get better information faster paid for by the participants?

Maybe my problem is not the market, it’s the normalization of it to people who have no business putting money into it. The whole thing seems desperate and predatory. It sits opposite of stack sats, which encourages people to be mindful of their assets. Trying to square the contradiction.
1
ODELL · 6w
prediction markets use greed to incentivize truth in a world filled with fake news