Consumer Crypto

politics

very lucky situation for polymarket. one giant "game" everyone's following, razor thin edge, constant switching of who's in the lead. free engagement from heaven.

big test now is how big can they grow & once election is over, can they parlay their amazing distribution to something new.

Real World Ethereum 🌎 
building /daimo ✳️ 

I’ve pointed this out before, but one of the reasons betting isn’t usually allowed on elections is because the more value to be had by a candidate losing the more likely assassination attempts become. 

Seems relatively prescient critique given this evenings news.

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the counterargument is that stock markets exist and you don't see assassination attempts on elon by tesla shorters

20. hacking @ https://www.spire.dev/ 
previously intern Nethermind, epns.io

stock markets are subject to market manipulation by way of wickhoff accumulation and distribution as well as market psychological phenomena like herd behaviour and panic selling. sophisticated investors already control these outcomes to some degree and needn’t risk the externalities of such decisions. I wouldn’t entirely put it past them. as an aside, markets have helped sweep under the rug a number of labour murders to bolster corporate profits, like those by Coca Cola and Chiquita Banana