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by bequanna 1412 days ago
The government has no problem with gambling or lotteries. They only have a problem when their percentage of the action isn’t big enough.

An alternative theory is that this market was providing information that the current regime is looking to suppress: actual popularity of candidates, policies, etc.

Any speech that violates the official narrative is deemed wrongthink and seems to be fair game for law enforcement/regulators.

2 comments

> An alternative theory is that this market was providing information that the current regime is looking to suppress: actual popularity of candidates, policies, etc.

I don't mean to suggest that this is the intent.

I'm saying it seems to me that something worse than that is the fundamental consequence of the decision. Banning the mathematically rational discussion of politics is actually a bit more extreme than say murdering and burning the books of intellectuals; in terms of attacking truth it does so on a more fundamental level, it is like banning the use of addition as a method of counting - an attack on the very process by which things are known, not just a person. You aren't just murdering one person - this kills an entire category of rational agent; it isn't a ban on knowing a particular fact that is inconvenient. It disallows the seeking in a much more general way.

To try and maybe get across the nature of the violation: this seems to me about as bad as the government declaring that the scientific method was no longer allowed to be used or that people were no longer allowed to have faith. For sure methods of arriving at the truth can be very dangerous, but I don't think it follows from that that the government ought to be allowed to prevent their use for that purpose.

So I'm wondering what I'm missing - or whether there is actually an overstep of authority that ought to be reigned in.

> Any speech that violates the official narrative is deemed wrongthink and seems to be fair game for law enforcement/regulators.

I see enough "democrats in disarray" or shitting on the Biden admin (maybe both justifiably! That's irrelevant for this post) from allegedly left-leaning outlets that this seems incredibly unlikely to be true. If it is, they're entirely failing at it. Or have for some reason decided to focus only on minor players while major players, with 100+x the audience (ask around in the real world and see how many people have even heard of PredictIt), carry on as usual.