[zugi]

Years ago the US government allegedly proposed prediction markets, in part to encourage the exact kinds of behavior that the US Special Forces soldier exhibited. Of course they wanted it from adversaries, not from allies.

By creating prediction markets with points rather than dollars, Meta probably avoids a lot of the legal issues current prediction markets are facing. But it also loses the one real value of prediction markets: when people put their own real money at stake, their decisions should be based more on actual knowledge and estimation than wishful thinking.

So what use is a prediction market of points for anyone?