I just learnt about polymarket recently, it's banned in Australia, and I'm not a fan of gambling in general, but P2P gambling based on predictions on real world events seems interesting.
Discussion
Prediction markets have been shown as effective means of propagating knowledge.... but that's not all!
They can provide huge monetary incentives for trusted, fact-based journalism, they can effectively replace insurance markets and venture capital... they can even be used as assurance contracts.
People just have to get over "gambling, ick"
Iām sure Australia only bans it so the local gambling monopoly can control the entire market.
Gambling is huge in Australia!
Yep, you can not watch TV or listen to the radio without being bombarded with Sportsbet ads.
vpn + btc