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by tptacek 159 days ago
I agree that is funny and want to take this opportunity to say I think things like Polymarket are bad, a real corruption of the original idea. I'm not sticking up for them!
1 comments

What uses or structures of prediction markets would you like to see? For things like Polymarket, are you more particularly concerned about the kinds of participants (e.g. people who really are just gambling for entertainment), or about the kinds of questions that are the subjects of contracts?
The original prediction markets were internal things at large companies, which I think are a great idea. I've flirted for a long time with doing a vulnerability prediction market. The good-faith incarnations of prediction markets aren't open to all comers; they're structured so you can't meaningfully gamble on them.
How isn’t a knowledgeable person incentivized to find vulnerabilities but not disclose them?
I don't understand your question, sorry.
Yeah, sorry for not being clear enough. I just struggle how a good faith market can even exist. I immediately start thinking how participants would be incentivized to cheat by neglecting or even introducing vulnerabilities to win. Maybe I’m just a bit too cynical and/or should do more reading on the topic.