I think that's exactly the point. Same way vote intention polls affect the election results. But in prediction markets being wrong has a cost, and being right a reward.
Furthermore, there are outcomes that can be economically relevant and not changeable. For example if there's a hurricane tomorrow in x location. One might want to hedge against that. Others might want to improve their estimations for profit.
Not everything is black or white, I think prediction markets can create value. Same as insurance companies.
m0wer
npub1w3…t4c5c
2025-12-17 10:38:43 UTC
in reply to nevent1q…pmpl
Author Public Key
npub1w3vaxva0vcrx7pnvlpmede5smvafdl69xnu7ma82kaxl9us89zdsht4c5cSeen on
wss://relay.damus.ioPublished at
2025-12-17 10:38:43 UTCEvent JSON
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