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by I_DRINK_KOOLAID 1509 days ago
As a betting man I see value in it.

Bitcoin is like a real time index measuring the health of the cult of Ayn Rand and you can bet on how the cult is faring and if it's expanding or contracting.

Much like Tesla is a real time index measuring the health of the cult of Elon Musk and you can bet on how the cult is faring and if it's expanding or contracting.

If you are interested in sociopolitical and cultural phenomenons you have a way to make money off that expertise for the first time in decades.

If we get Saylor vs. Bezos in 2024 lots of people building prediction markets for political purposes are gonna be disappointed, because at that point people would just bet on Bitcoin or Amazon stock according to their assesment of which cult would prevail and who is gonna win.