sustaining innovation: political betting onchain
disruptive innovation: political memecoins

Hypothesis:
Political memecoins are the first instantiation of positive-sum prediction markets v.s. zero-sum betting markets.

Things I'd analyze:
+ correlation of polymarket v political memecoins
+ relative trading volumes of comparative markets (memecoins probably way larger)
+ General UX, perception and properties

is the thinking behind +sum nature of memecoins about their infinite divisibility compared to prediction markets being an odds on person to person contract?? 

agree on them being more +sum, am still personally struggling to articulate why tho

logic is in the essay, but tldr:

betting markets require you finding an exact counterparty. when you win someone explicitly loses and vice versa.

memecoins you can just create it without needing a counterparty. Like how you can create a painting, and then sell it for $1000, you did not need that $1000 dollars to start that thing/express the point of view.

ahh interesting, okok this resonates 

so the origin of a value vehicle largely determines the speculative nature - opt in vs required 

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