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noname123today at 8:52 PM1 replyview on HN

My apologist response would be that Polymarket isn’t the root cause—it’s more of a mirror. It simply makes the incentives and speculation already present in late-stage capitalism more transparent and accessible for anyone to participate in.

You argue that platforms like this encourage speculation about things like celebrity deaths. But celebrity culture is already heavily monetized—think Page Six, Access Hollywood, livestreamed royal weddings, or endless coverage of Taylor Swift’s personal life.

Conceding the point to you that death pool bets increases a significant security risk to celebrities (never mind the appeal to emotions), would that such a risk acceptable to have a more accurate and non-biased informational poll of who might be next U.S. president or who/when will US/Israel strike next made available to the wider public?


Replies

lokartoday at 9:02 PM

I don't think it is a mirror, quite the opposite. I think most Americans (and probably europeans?) think a lot of this is in fact very bad, and should be stopped.

The problem is that our lawmakers are not mirroring what the voters want.