Comment by bethekidyouwant
19 hours ago
How? Some guy wants Polymarket gone so he bets $1 billion that it will be gone. Since this is absurd, everybody bets against him and makes a tidy profit. Whatever this is you’re proposing it doesn’t work.
19 hours ago
How? Some guy wants Polymarket gone so he bets $1 billion that it will be gone. Since this is absurd, everybody bets against him and makes a tidy profit. Whatever this is you’re proposing it doesn’t work.
I think they're saying you bet $1 billion it will not be gone, and someone takes that bet and kills Polymarket (How?)
Ah yes, of course and then he pays poly market ceo half that to close the company in time. But how do you not get screwed in your subterfuge?
> how do you not get screwed in your subterfuge?
You have to make another market that is a proxy for you (not) getting screwed.