Comment on Prediction market trader 'Magamyman' made $553,000 on death of Iran's supreme leader

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FlashMobOfOne@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

The general public has no power here except at the local level, just like when LLM’s decided they were just going to make taxpayers pay their electric bills. You’ll see some states regulate prediction markets, but that’s it. The Federal Government and the legislators there love being able to monetize their offices, so no change will come at the national level.

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