Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
wallst07
5 months ago
|
parent
|
context
|
favorite
| on:
Traders placed over $1B in perfectly timed bets on...
The hole point of a prediction market is to surface insider trading and information asymmetry by voting with what matters most [in trading markets], money.
In other terms, it allows people to transfer risk to money , or information for money.
airstrike
5 months ago
[–]
No, that is not the point of a prediction market, though many people have been led to believe as much.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
In other terms, it allows people to transfer risk to money , or information for money.