Prediction markets are playing a dangerous game
… It is a total straight shot, not least because some of these players, some of these markets are trading in crypto. When we talk about the Venezuela bet, that person walked away with crypto. …
… It is a total straight shot, not least because some of these players, some of these markets are trading in crypto. When we talk about the Venezuela bet, that person walked away with crypto. …
… One of the reasons the crashes in crypto are so huge and so fast is because there is no breaker to trip and no break in trading to allow traders to regroup. In fact, crypto panics are arguably exacerbated by the fact that many people literally cannot sleep because the market does not close. …