Polymarket let users bet on wildfires. Lawmakers warn that could spur arson.

Polymarket let users bet on wildfires. Lawmakers warn that could spur arson.(washingtonpost.com)

8 points by bookofjoe 5 hours ago | 6 comments

ponzy_io 5 hours ago |

Really this applies to anything that you can bet on in these prediction markets. If X is an event that you can bet on, then you are potentially incentivizing someone to go out and make sure X actually happens.

It doesn't take a genius to see that this isn't a good thing.

trompetenaccoun 4 hours ago | |

Do you mean malicious actors could have an incentive to manipulate prediction markets, same as they do with stocks, commodities, etc? By committing a felony crime, in this case.

DivingForGold 1 hour ago |

Mirror:

https://archive.ph/F5ea5

bookofjoe 5 hours ago |

https://wapo.st/4wpiRGX

cyanydeez 3 hours ago |

Yes, because what we want are warnings and not regulations. Warnings

Fellw 3 hours ago |

Americans are just so freaking dumb

It's not even funny anymore.