500 years ago, betting on the Pope was punishable by excommunication. Today, crypto-powered prediction markets are placing odds on the next conclave. Have we come full circle, or has technology fundamentally changed the ethics of speculation? Should there be limits to what we can bet on, or is ”information price discovery“ an absolute good？
Are decentralized prediction markets a net positive for transparency, or are they just incentivizing bad behavior?
Are decentralized prediction markets a net positive for transparency, or are they just incentivizing bad behavior?