The simpler answer is that stock markets are way older than prediction markets and yet it’s not often that you hear about people blowing up factories or murdering people for the sole purpose of manipulating a stock. Similarly, few people would in fact go and help a wildfire spread in order to make money on a YES prediction.
The simpler answer is that stock markets are way older than prediction markets and yet it’s not often that you hear about people blowing up factories or murdering people for the sole purpose of manipulating a stock. Similarly, few people would in fact go and help a wildfire spread in order to make money on a YES prediction.