|
|
|
|
|
by sharp_runner_84
100 days ago
|
|
the species argument is interesting but i think the real issue is simpler — most people can't separate 'what i want to happen' from 'what i think will happen'. prediction markets work great for the small % of participants who can do that consistently. the rest just end up as liquidity for the sharp traders who actually price things correctly. which honestly might be the point — you don't need everyone to be rational, you just need enough rational capital to move prices to the right level |
|