You must log in or register to comment.
Ignoring how stupid this whole concept is, why is the payout based on news articles in the first place. Why would someone bet $900,000 again in the future if it’s possible for someone to force a bet in their favor through threats.
It’s like betting on whether Schrodinger’s cat is alive or dead, but you can’t open the box and the payout is based on what different journalists say about it.
“The attempt by these gamblers to pressure me to change my reporting so that they would win their bet did not and will not succeed,” Fabian said. “But I do worry that other journalists may not be as ethical if they are promised some of the winnings.”
He said that journalists are in a unique position to “exploit their knowledge for insider trading on the platform.”
Polymarket allows you to bet on literally anything, not just sports. It’s pretty crazy. You can bet how many days you think the Ukraine Russia war is on, you can bet if a certain person will make an appearance at the Oscars, you can bet when you think someone will die.
So if you bet that someone will die before a certain date, and your winnings would be more than the cost of a hitperson, that’s quite an incentive.
Similar things are already happening in the worst way you can imagine
Edit: one more
Yep, that’s many more deaths than one hit.
The internet is a series of journalists
Sounds kind of like legalized racketeering.
Why do people play the stock market? Highly manipulative by the rich. Put out some bad news, pull a huge number of shares. People are desperate to make money.
The difference is that companies are inherently useful and generate revenue. Stock prices can be volatile, but that does not matter as long as dividends are handed out.
Betting is not useful, it’s just a game.
Companies being inherently useful does not track. They can be actively useless and still generate revenue. I guess it matters how we define use and utility here. But if we define it by their capability to generate revenue, then they are exactly as useful as gambling is.
There’s no meaningful difference there in any real framing that corresponds to reality.
Companies can be useless and generate revenue, a gambling company is a good example. I believe it is possible to define their utility without relying on revenue. Talking about the stock market itself however, the utility of stock is to generate revenue for the owner. That is very much like gambling when relying on stock price volatility or growth and it is unlike gambling when relying on the underlying business to generate revenue.
The main difference being that gambling will not reliably provide returns, while stock will provide a somewhat stable revenue.
I do see differences. Besides, gambling is very often not about making money.
So just like wealthy investors do but more directly? The real move is to own the media outlets and make them publish stories that convince other investors to buy your inflated stock.
Which is why uttering death-threats is a criminal-offense, in some jurisdictions, & why good enforcement corrals such people.
Only through removing the human-equivalent-to-pathogens, can the others be free to live their lives, same as it is within our bodies.
( I’m only going on the title & the civilization-principle that’s being afflicted:
now I see that this involves israel, & … < sigh > there seems to be nearly-zero NON-prejudice in that domain… )
_ /\ _
Came here to say I found the story confusing, doesn’t Trump have exclusive rights on death threats to journalists?
Mohammed bin Salman is a league above Trump here.
Thank God Trump is just a wannabe
Alhamdoulilah
What’s woth all.the weird hyphenation?
It’s a nod to correct grammar in regard to phrasal adjectives and compound words. I say “nod” because I have no fucking idea if his grammar is correct or not and don’t feel like looking it up just to be a grammar Nazi.
For myself, sometimes I use a hyphen, sometimes I don’t, and sometimes I just say fuck it and create an unofficial closed compound or portmanteau. My custom dictionaries are miles long.
Not very sporting I must say
Ya know what im pretty sure its the death threats to referees from losing gamblers that keep sports like NBA, FIFA and NCAA so honest for this long. /s
Can I bet on if the reporting changes?
deleted by creator
