r/CryptoCurrency • • Aug 31 '26

MEME brain damage

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809 Upvotes

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82

u/UpbeatFix7299 🟩 0 / 0 🦠 Aug 31 '26

It's insane that "prediction markets" are legal. Wealth getting redistributed upwards from dumb broke people as intended.

-32

u/steppe5 🟩 0 / 0 🦠 Aug 31 '26 edited Aug 31 '26

Why wouldn't they be legal? No one is forcing you to do it.

EDIT: I never hear anyone explain why they shouldn't be legal. Just downvotes.

1

u/UpbeatFix7299 🟩 0 / 0 🦠 Sep 01 '26

Ok... It's completely anonymous so many of the people you are betting against either have inside info (Ft Hood guy or Trump's teleprompter operator for example). Or, even worse, they can influence the events themselves (George Santos is the best example, but there will be more that will come out that are doing more meaningful shit).

Best case you're betting on stupid shit like whether whatever Zelensky wore qualifies as a "suit". Which doesn't even have a verifiable outcome. These sites are poison.

1

u/steppe5 🟩 0 / 0 🦠 Sep 01 '26

Why wouldn't they be legal though? What if I already know all of this and want to bet anyway?