Comment by TZubiri
1 day ago
I'd just like to make the distinction between:
1- Making a bet with privileged information. 2- Creating the event and making the bet.
2 would be a war crime, 1 would be a probabilistic leak.
Trump claimed they didn't want to pass through congress because they leak, and there were no leaks about the event. But if any personnel made a polymarket bet, that would constitute a leak. It wasn't acted upon, but if personnel continues to leak information in this manner, it is possible that an adversary will eventually listen to this signal, and that it was just ignored because it is too fresh.
This analysis would also make it clear why it would be immoral to participate in such markets as a civilian. Because if it is your country you might be compensating an insider for information, benefitting the enemy. And if you are not, you might be harming the enemy, but you would be an unlawful belligerent.
Of course the next step beyond that is "leaking" false information as a decoy by placing large bets on certain events. If that happens enough times it seems like it should wash away the value for agencies hoping to act on "privileged" information.
Sure, it's an information warfare, but at its core, you can mask a signal, but you will never be able to eliminate the signal, just dilute it, and at a cost.