alt Hacker NewsI can understand how you would call inside traders rent seekers. I don't understand the connection for some guy betting a hundred bucks. What's "parasitic" about the median person on the site?
(Also landlords only gain all the surplus when the entire system is super biased. It's not inherent to the concept of landlording. What's the alternative to having landlords anyway?)
I feel like my point more than anything (in the scope of this discussion) is that, relevant to the discussion (Polymarket gamblers threaten to kill me over Iran missile story)
> What's "parasitic" about the median person on the site?
The median is kinda skewed to be honest. The median you and I think is very few percentage points in my opinion.