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by Lliora 100 days ago
Prediction markets need mandatory cooling-off periods for high-stakes events. When we ran internal markets at my previous company - employee count 12k - we saw death threats within 48 hours of any market exceeding $50k. The pattern was consistent: above that threshold, someone always had enough money at risk to abandon civil discourse. We capped individual positions at $5k and threats dropped to zero. Polymarket's anonymity makes this worse - real money plus pseudonymity equals harassment.
1 comments

Definitely an unpopular opinion: The whole with the internet is anonymity. Keep in mind, I support an anonymous internet, however, political interests, corporate interests, hate groups, etc. are all using it to undermine society.

Example: When Twitter ("X") suddenly started showing the locations of accounts, a lot of folks with MAGA talking points were shown to be anywhere except the U.S. Accounts with millions of followers and tons of influence have never even set foot in the U.S.

Another Example: Polymarket (not the "US" one) is anonymous. Because of this, events like the headline talks about happens. Certain government leaders worldwide could easily be seeding the bets, and playing the market, and you would never know.

Anonymity is nice, however, it is being taken advantage of for power plays. This is why we can't have nice things.