Polymarket let users bet on wildfires. Lawmakers warn that could spur arson.

bbookofjoe about 4 hours ago 6 commentsRead Article on washingtonpost.com

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Discussion (6 Comments)Read Original on HackerNews

DivingForGold•29 minutes ago

Mirror:

https://archive.ph/F5ea5

ponzy_io•about 4 hours ago

Really this applies to anything that you can bet on in these prediction markets. If X is an event that you can bet on, then you are potentially incentivizing someone to go out and make sure X actually happens.

It doesn't take a genius to see that this isn't a good thing.

trompetenaccoun•about 4 hours ago

Do you mean malicious actors could have an incentive to manipulate prediction markets, same as they do with stocks, commodities, etc? By committing a felony crime, in this case.

bookofjoe•about 4 hours ago

https://wapo.st/4wpiRGX

cyanydeez•about 2 hours ago

Yes, because what we want are warnings and not regulations. Warnings

Fellw•about 3 hours ago

Americans are just so freaking dumb

It's not even funny anymore.