Comment on Senators Launch New Effort to Ban Federal Elected Officials Profiting from Prediction Markets

obinice@lemmy.world ⁨1⁩ ⁨week⁩ ago

Gambling. Call it gambling.

Trying to whitewash it as “Prediction Markets” so it doesn’t sound scummy, addictive, damaging and horrible is really annoying.

There is a market for predicting outcomes of things and waging money against those predictions, yes. We call it Gambling.

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