Comment by justin 1 month ago Prediction markets serve as a hedge against real world events, which enables risk taking. 1 comment justin Reply collinmcnulty 1 month ago That’s what they say, but that’s not how they actually operate. There’s not nearly the liquidity there (and probably can’t ever be) to actually protect against downside risks. This niche is already better served by boutique insurance.
collinmcnulty 1 month ago That’s what they say, but that’s not how they actually operate. There’s not nearly the liquidity there (and probably can’t ever be) to actually protect against downside risks. This niche is already better served by boutique insurance.
That’s what they say, but that’s not how they actually operate. There’s not nearly the liquidity there (and probably can’t ever be) to actually protect against downside risks. This niche is already better served by boutique insurance.