This is exactly what I wanted prediction markets for
Looks like “we” need to update our relationships with markets
Price discovery is a visualization of the collective conscious, and the evolution of markets gets closer and closer to direct exposure to an event. Share and derisk a transaction, cleanly, quickly
Reduce all frictions towards doing so
Frictions include finding the person making the transaction, negotiating with them, trusting them to perform, disputing resolution, insurance. These hamper anything from occurring, or occurring quickly, and the pricing is too variable. Prediction markets are an example of all of those frictions being reduced to almost non-existent. And dispute resolution will improve further and attract more liquidity.
They certainly could reduce friction in bribery, just make a public bet like "The court will decide in favor of XYZ Evil Corp v. United States", then buy "No" shares for a million dollars, and hope the judge in the case picks up a bunch of "Yes" shares. Quick, simple, effective bribery via cryptocurrencies.