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Nick Tomaino🎩 pfp
Nick Tomaino🎩
@nick
Prediction markets have resonated with me since I started in crypto 12 yrs ago. It was initially bc I was a degen & wanted quick cash. Now I’m using prediction markets daily not to bet but as an info consumer to better understand the world. Augur, Veil & others failed. Polymarket now working. How can we accelerate?
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Varun Srinivasan pfp
Varun Srinivasan
@v
The stock market is a prediction market on the future value of companies, and it’s often irrational and inaccurate, especially around emotionally charged topics. Won’t prediction markets suffer the same fate?
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Ayush
@ayushm.eth
The difference imo is that prediction markets have a hard date on which they resolve, the sentiment of the market doesn't matter on that day, the truth does. So you would expect people to actually answer the question x instead of "how everyone else feels about x"
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miguelito
@mc
This is a good answer The time preference of shareholders varies wildly As does the composition of owners (active vs passive)
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