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by fwipsy 2 days ago
Some people gamble by trading stocks. Should we also abolish the stock market?

Prediction markets are meant to be the stock market but for events besides the value of a certain corporation. They were co-opted as a thin veneer of legitimacy over deregulated sports gambling. The concept itself theoretically has some value, however insignificant compared to the damage caused by the current policy.

1 comments

Restricting retail trading of derivatives and short positions doesn't sound like the worst idea.