Kalshi and Polymarket have begun taking bets on Phase III drug trialsscience.org 3 points400thecat1 month ago1 commentSaveHideCopy link On HNComments−400thecatOP1moThe main problem with prediction markets as "truth machines" is, that they can only work efficiently if insider trading is allowed (even encouraged). If insider trading is illegal, than these are just casinos
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The main problem with prediction markets as "truth machines" is, that they can only work efficiently if insider trading is allowed (even encouraged). If insider trading is illegal, than these are just casinos