"Prediction markets are not the disease. They are a symptom of a civilization built on distorted incentives. They exist because fiat money rewards short-termism, speculation, narrative manipulation, synthetic risk, financial abstraction, transactional relationships, and high time preference behavior."
https://kudzai.substack.com/p/the-prediction-casino-how-fiat-money
Human nature has quite a few flaws in this “hyper novel” environment. (Coined by Hunter gatherers of the 21st century)
Access to limitless available calories and hormonal triggers (oxytocin, dopamine etc) has rendered evolution null.
Technology moves too fast.
Culture is the cure.
A new religion of self control will be the ones that survive.
—Or maybe just the mormons. Lol
🧡👊🏻🍻
Definitely betting on the Mormons and the Amish on that one ! 😄 spot on analysis too 💯🤝
