How did all statistical computational tools get mogged by a bunch of cryptoNEETs?
>>108892962>ignores the disclaimer at the bottomcringe. it's cute seeing baby's first paper submitted to the government where they warn you that this paper does not represent the views of the federal reserve system. i think you dropped this:
>>108892962>make insider trading legal>the truth comes outReally gets the noggin jogging.
>>108892962Never read paper but description just says prediction markets are "valuable" in some sense which is obvious. All forms of gambling is valuable for someone. It's a zero sum way of redistributing wealth around. When you create the possibility to profit from outcomes, possibly in horrible ways, that'll introduce a lot of "issues".The Fed has task of controlling inflation and unemployment but through limited monetary policy which can't 100% do that. Tech bros could abolish the Fed and create a publicly owned predication market and attempt to do those two tasks but it could and would end up working in very absurd ways that create new horrible situations unimaginable as of yet... actually as we approach idiocracy that's something you should prepare for
kalshi is fucking dogshit at this lol, why are people lying? so fucking strange
>>108892962polymarket is the cryptoneet's prediction market, not kalshi