alt Hacker NewsWhy can’t the markets just forbid transactions that happen within 48 hours of resolution?
Replies
gleenn • yesterday at 10:59 PM
What does that solve? Wouldn't the insiders in e.g. the Iran War just have to place their bets 3 days before?
Why can’t the markets just forbid transactions that happen within 48 hours of resolution?
What does that solve? Wouldn't the insiders in e.g. the Iran War just have to place their bets 3 days before?
Because the markets don’t “forbid” anything, especially when they are profiting from it, which polymarket definitely is. It’s the government who must forbid things for the good of the citizens. But somehow the citizens were dumb enough to fall for the bullshit idea that you should put the same person who is profiting in charge of regulating their own crimes!