I don't understand how apps like Polymarket are legal when they're essentially unregulated gambling that's rigged against regular users due to the amount of insider trading that happens on the platform.
Being able to bet on wildfires doesn't make any sense, since it gives people a financial incentive to start fires. 🤔
Because you're buying predictions futures, which is apparently legally distinct from gambling... somehow
If nothing else, it should be regulated by CFTC then
Ahh yes, the promise of vast amounts of money has never encouraged people to do insane things before. Let’s make them bet on wildfires!
Oh yeah we're all fucked.
Thanks, I hate it!
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