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Something that's been rolling around in my head since I first heard about PredictIt, hope it's not too off-topic: Currently PredictIt is almost entirely about political results, with a few semi-miscellaneous markets involving events related to politics, such as North Korea testing another nuke. What would be the potential legal ramifications of running prediction markets on conspiracy theories or religious judgment times that make claims about specific dates? For example, I keep seeing idiots on social media warning everyone about the rapture kicking off on September 23 of this year. Instead of getting involved in a ridiculous and futile argument, it would be wonderful to just link them to a page that lets them put their money where their mouth is. A lot of the usual stuff is probably too nebulous to create a market and the people who believe in it think it has already been proven anyway (fluoride is poison, Obama is a Muslim Kenyan socialist, chemtrails, etc.), but certain black and white events could be solidified by just attaching a "happens by X year" to them (mandatory "mark of the beast" tracking chip for all Americans, Israel nuked, publicly acknowledged extra terrestrial visitation). I suppose there would be moral implications, since a good portion of the people who are convinced of this sort of thing are probably not completely right in the head, making this into a sort of crazy person tax. Then again, you could probably accuse the current PredictIt of the same thing, though to a lesser degree. Also, I don't have any numbers to prove it, but I still get the impression that the majority of people who buy into this stuff aren't actually clinically crazy, just very stupid. What does everyone think? Too sketchy?
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# ¿ Sep 18, 2015 00:11 |
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# ¿ May 3, 2024 08:32 |
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Is it possible that even if Boehner tries work with the Democrats to avoid a shutdown, the rest of his party can stop that from happening? Like if Boehner offers a reasonable spending bill, they can fillibuster it, right?
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# ¿ Sep 25, 2015 21:57 |