Absolutely and people might be interested that in this case the prediction market for LK-99 is reacting in real time to new tweets from people trying to replicate. The “yes” spike to 32c yesterday was in response to a twitter account posting an image of a levitating grain in a tube. The credibility of that replication attempt was then evaluated by many and the market backed off afterwards.
There is always a subtle anti-markets theme on many HN debates, likely from highly educated ans literate posters. I believe we still in this age simply don’t provide proper education on the massive benefits that markets bring to so mang problems. They are literally the nervous system of our incredible global organic economy.
In this case, why in world would you have something against prediction markets?
Is it fascinating the risk of a nuclear weapon detonation by December 31st of 2023 is accessed to be around 9%?
If anything we need to liberalize laws around prediction markets. Currently they are relagated to off shore and various backwaters. The CME should be listing tbese types of markets ideally and institutional money hiring top analytical talent would then participate.
There is always a subtle anti-markets theme on many HN debates, likely from highly educated ans literate posters. I believe we still in this age simply don’t provide proper education on the massive benefits that markets bring to so mang problems. They are literally the nervous system of our incredible global organic economy.
In this case, why in world would you have something against prediction markets?
Is it fascinating the risk of a nuclear weapon detonation by December 31st of 2023 is accessed to be around 9%?
If anything we need to liberalize laws around prediction markets. Currently they are relagated to off shore and various backwaters. The CME should be listing tbese types of markets ideally and institutional money hiring top analytical talent would then participate.