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by njarboe
2715 days ago
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Gambling in the prediction market for the time-value-adjusted expected profits of a company is allowed due to the historical fact that stock markets used to be the way to raise capital for companies. I have only seen Tesla do this in the last 30 years (I'm sure there are others, but it is rare for a list company to actually sell stock to raise capital for building things). We should allow gambling in other prediction markets for things we would like to know about. Say the average surface temperature on Earth in 2100. |
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