alt Hacker NewsI would argue that the sole value of prediction markets is to make insider knowledge accessible to the general public, quicker than it normally would.
That’s why these platforms saying things like “we will roll out insider trading” is laughable.
Replies
OutOfHere • yesterday at 8:30 PM
Just because an insider bets on something does not in any way make the bet obvious to onlookers until the event is materialized for all to see. There is absolutely no surfacing of intelligence here because big bets are on both sides, winning and losing.
>I would argue that their sole value is to make insider knowledge accessible quicker to the general public.
Is anyone using AI to track these audacious and large bets? Seems like you could actually do this to tell which ones are insider info and which are just stupid random bets?