Comment by epolanski
10 hours ago
Prediction markets need to be banned globally ASAP, but it would've helped the article to bring proof of:
- the emails
- the whatsapp messages
- the discord messages
- the X messages
Mind you, I'm not stating the journalist is lying or overblowing, in fact I suspect this is all more widespread than we think, but it's odd that the journalist puts emphasis on the sources of his information in the case of the missile, yet it's not about his direct threats, some of those public like X replies.
Journalists do not normally work like that. That might be how beefs are fought on social media, but of course screenshots are easy to fake anyway.
I don't understand what your point is.
What is the reader assumed to do about an article that does not bring any proof?
The video of the missile exploding is also easy to fake, but it's an important element behind the reporting.
I'm assuming you've never read a news article before, because news articles routinely contain reported speech without having to provide extra evidence of that speech having taken place.
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Making up sources as a journalist and being found out will result in a professional death sentence. It’s simply completely irredeemably unacceptable. That’s why it can be a convention that journalists don’t provide their raw sources.
That is correct, but it's not to media's credit. Most journalists say basically, "Trust me, I'm the authority, I wouldn't be allowed to say this if it were simply lies. I could prove it to you but I won't, at worst I'll be forced to prove it to my peers. (And you aren't one, peasant)." They practically never link to the scientific paper they just reported on, certainly not to anything that could let us check politically controversial claims ourselves.
And how could it be otherwise? You aren't the customer. Ads, or worse, billionaire political patronage, is what pays the bills for media companies. Their authority - the blind trust people have in them - is what makes them valuable for their actual customers. They're not doing science, the last thing they want is to make it easy to check their work (although, maybe I'm too charitable to scientists too here, if they make it easier to check their work it's often the bare minimum, but I digress).
One of the original points of WikiLeaks was to make a kind of journalism where claims were easy to check from the sources. But you can see how controversial that was.
Quoting vs providing screenshots makes exactly 0 difference regarding level of proof. Faking an email or WhatsApp message is about 2 minutes of work.
1. Fake emails or screenshots can still be analyzed and questioned and they are regularly debunked.
2. The author mentions X replies, those are public, where are they?
I'm gonna stand by my opinion: you deliver information, you provide all the evidence that is sensible to share. That's what journalism, especially investigative journalism does, and OSint can go a long way in helping.
> Fake emails or screenshots can still be analyzed and questioned and they are regularly debunked.
How? If I get two phone numbers and send myself a message and make a screenshot, how are you going to debunk that? It’s a legit screenshot, you have no way of verifying anything.
And I can also just import self written emails into thunderbird and take a screenshot. There’s nothing to analyze.
I agree that he could have linked the Public stuff though.
Why does everything you don't like need to be banned?
Downvoters:
I really doubt that you actually successfully 100% banned anything in the history of technology.
Prediction markets on death are an assassination market. That's why they're against the rules even on Polymarket and Kalshi.
Prediction markets on terrorist attacks and wars are one step back from that, but similar negative side effects are possible. And, regardless of what people are betting on, the corruption incentive appears where it did not previously, resulting in things like this.
(I don't think there's literally an Iranian missile operator opening Polymarket, taking out a position for "missile lands on Israel", and then pressing the launch button, but ultimately that's what uncensored markets with uncensored movement of money would enable)
1. It's not something I don't like, it's something plain illegal in most of the world, including the US under the Dodd-Frank act, which the current executive has decided to not enforce.
2. The reason it is illegal it is beyond obvious: basic economics and game theory explain you how dangerous it is tying real world events with financial incentives.
Illegal or not, trying to ban it won't work.
You'll just push it underground and it will get even worse.
The cat is out of the bag.
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Why is everything you like protected from being banned?
This is an argument against all laws, which probably deserves more than a couple sentences.
Why do you apparently like a system that lets people bet on atrocities and then take steps to make said atrocities more likely?
So you are saying that if business entity starts a pharma company that creates a drug for some kind of novel disease, but the disease does not currently exist, they will take steps to make an epidemic of it more likely?
And you think banning it would 100% work?
and where did I say I liked it?
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I disagree.
Prediction markets have value for people as a source of reliable information because they tend to be very accurate compared to any other human mechanism for creating forecasts.
https://marginalrevolution.com/marginalrevolution/2025/10/pr...
There is no evidence that people betting on whether Iran will strike Israel on March 15th has any benefit. Who would be the beneficiary of that?
Are you gonna tell me residents in Tel Aviv will be able to hedge their chances of surviving tomorrow?
Nor there's evidence that providing information about the fact that US will strike Venezuela does it either.
What value any of that has? None, especially considering the perverse incentives on the other side of acting on the outcome probability for financial gain which has already happened. US executive insiders have definitely bet on US attacking Venezuela on Polymarket.
You see this as "information discovery", I see it as the fact that I can lobby for dangerous events to happen just for financial gain.
Future markets have some value in some scenarios where you can hedge the outcome.
E.g. a farmer hedging crop prices can de risk his operations.
There is a hedging and the hedge works as insurance.
What's exactly the value of betting on elections or military strikes? What's being hedged?
How can you not see the financial incentives?
We have a long history of regulating both futures, derivatives and betting for very specific reasons.
But now we've relabeled it all as information gathering and price discovery.
How can you not see how the financial incentives here are speedrunning terrible events to happen?
I'm gonna rephrase it like that: would you like for a contract to exist on whether you'll be sent to hospital tomorrow in a crash accident?
Are you gonna tell me: "well, it's information discovery and it's valuable that I can wake up knowing the odds have increased!" while ignoring that there are now people out there financially motivated to make this happen?
> Are you gonna tell me residents in Tel Aviv will be able to hedge their chances of surviving tomorrow?
Yes, of course! If you had some advance warning your home town was likely to be struck with missiles soon, are you seriously saying you can't think of a single thing you could do to prepare? I would, at a minimum, make sure I was stocked up on first aid supplies, water, and food that I could eat without needing power or gas to cook it.
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Are you talking about the same thing everyone else is?
Imagine the conversation went like this:
A: "Maybe we shouldn't sacrifice 500 virgins to the Aztec God to predict the harvest next hear?"
B "Why not? Killing virgins to predict the harvest are well calibrated (ie accurate).."
I wouldn't be able to say this with a straight face after reading this article.
Why? We have years of experimental evidence that these prediction markets are well calibrated (ie accurate).