I am also tired of the bitcoin platitude “fiat turns us all into gamblers”.

While, yes, this is true, I’m not convinced it’s driving most people’s gambling.

I know one guy who is betting on polymarket regularly that makes $300k+. He’s doing just fine and doesn’t need to be playing that game. But still, he does.

I think it appeals to certain people’s ego in such a way that irresistible to them.

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There is also the pretty serious risk that enough money bet against something assures it happens by way of incentives.

Yes, absolutely. I was saying this in another thread.