Mac Budkowski ᵏ
@macbudkowski
RIP polls
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Dan Romero
@dwr.eth
well, the polls feed into polymarket predictions
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Mac Budkowski ᵏ
@macbudkowski
yeah but their role will be much smaller. it's like asking people which burger they want to buy - Big Mac or Whooper. nice data point but def not enough to determine who will sell more burgers in Q4. that's why hedge funds use more complex prediction models.
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Mac Budkowski ᵏ
@macbudkowski
... and that's why prediction markest work - because bettors use multiple data points to make sense of the world, just like hedge funds do on tradfi markets. i was skeptical if it'd work as intended but now i'm confident we got a brand new tool to understand the world around us.
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