In case you were wondering, before this morning's Iran attack, Polymarket had yet another spate of likely inside traders betting that the US would strike Iran by February 28.

Per the due diligence investigation service Bubblemaps, the wallets used were first used 24 hours earlier.

Betting prediction websites are national security risks, not Anthropic.

@mattsheffield F-22s were spotted in Israel on like Thursday. Was a pretty safe guess.
@pl @mattsheffield
it could have been March 1st
@elCelio @mattsheffield I don't use whatever that platform is but it'd be interesting to see if it had any other "attack by" bets, although that'd ruin the whole conspiracy thing

@mattsheffield @mattsheffield wow, and yikes. One would think there would be laws, but alas we forgot to care meaningfully about the rule of law or common sense recently

...Though that doesn't stop LLMs from being terrible for humanity too 😁

@quinn @mattsheffield there are indeed laws. At least in the UK.
@DoctorDNS @mattsheffield pretty sure you guys don't have any laws governing polymatket.
@quinn @mattsheffield we have gambling laws. These prohibit polymarket in the UK. To trade, they would need a gambling license which they do not currently hold. They even do geofencing. So your assertion us incorrect.
@DoctorDNS @mattsheffield sorry, what I mean is there's no law stopping Brits from gambling on polymarket and other prediction betting stuff. You'd probably have to at least try to geofence it to manage that.

@quinn @mattsheffield

What happens when the lawkeepers are dedicated loyalists? Well, this...

@mattsheffield I guess some Pentagon employees made a killing with this.

@mattsheffield

Once the correlation between betting markets and future real world news is established and widely known, what will be the real world consequences when large bets are placed in order to trigger certain preemptive military responses?

@timjan
thanks for the nightmare fuel!
@mattsheffield
Jim Bell - Wikipedia

@admin
Ughhhh
This does sound vaguely familiar though. I was thinking maybe David Golumbia wrote about this mf but he's not mentioned in The Politics of Bitcoin afaict
@mattsheffield @timjan
@admin oh cool, turns out Golumbia did write about Jim Bell in Cyberlibertarianism, was just flipping through the pdf copy that’s on my to-read list

A famous Australian footballer, Peter "Crackers" Keenan, well known as a regular gambler, once said "Never bet on anything that can talk".

Even in the 1980s, a football player who got his nickname from the regular wacky things he did and said, realised that gambling on people who would absolutely rig the system was a dumb idea.

Betting agencies should all be disbanded, shut down, and abolished for good.

@mattsheffield I don't think these websites are a national security risk but are a part of transparency of what's going on.
@mattsheffield
Not very much inside traders: the whole world was aware that Saturday was the likely day of the attack on Iran 🤷🏼‍♂️
@mattsheffield the real threat to security is your government....

@mattsheffield

#polymarket > #pizzaindex

At least Whisky Leaks made pizzerias around Pentagon happy

@mattsheffield polymarket is dissallowed here in the UK. For good reasons!

@mattsheffield
"Betting prediction websites are national security risks, not Anthropic."

You know it's possible for both to be, simultaneously, right?

@mattsheffield Not if the ones in charge of the nation are doing it
@mattsheffield it is an evolution of the pizza shop
@mattsheffield yeah surprising with all the hardware the US were sending to the Middle East over the last few weeks. /s Also both prediction markets and AI can be a security issue.
@mattsheffield Anybody look into what's been happening on the oil futures markets?
@mattsheffield: Anthropic is an international security threat regardless; neither Anthropic nor Polymarket should legally exist.

@mattsheffield

They both can. There's enough national security risk to go around.

@mattsheffield I love to live in an era where we bomb other countries so that some chud can make a quick buck on the gambling market