This is where those predictions markets get actually dangerous, not just in terms of financial stuff, but incentivising the committing of crimes in order to win bets. How long will it be before someone commits a violent crime in order to win their polymarket wager?
There was already a journalist who received death threats, because of their reporting on the war. Someone had made bets on the missiles being fired in Israel, and the journalist reported on it. They were threatened and told to change their story, because the person stood to lose a lot of money on a bet if the report was accurate.
Naturally, the journalist reported on it instead of changing the story.
This is where those predictions markets get actually dangerous, not just in terms of financial stuff, but incentivising the committing of crimes in order to win bets. How long will it be before someone commits a violent crime in order to win their polymarket wager?
Or start a war…
There was already a journalist who received death threats, because of their reporting on the war. Someone had made bets on the missiles being fired in Israel, and the journalist reported on it. They were threatened and told to change their story, because the person stood to lose a lot of money on a bet if the report was accurate.
Naturally, the journalist reported on it instead of changing the story.
One of the soldiers that abducted the president of Venezuela bet on the operation.
Is that the kind of thing people might bet on?
Well, people supposedly bet on the invasion of countries. Violent enough for you?