Polymarket needs some serious regulation.

https://lemmy.world/post/43905182

Just ban it, gambling used to be illegal in a lot of places.

It used to be illegal to run away from your plantation, too.

No reason to outlaw this, why bother? People have always made wagers, and they enjoy it.

well because a lot of the wagers are easily manipulated by the same insiders who own the platform? No ones stopping you from betting with your pals. We don’t want a fake rigged market place that’s a black hole of money.

Insiders and wagers go hand in hand, that’s all part of the odds.

It’s not a “fake rigged market place” OR the stock market is also a “fake rigged market place”.

…and anti-gambling laws lead to lots of “stopping you from betting with your pals”, for example see all of human history, pick an era. Police don’t need a lot of incentive to seize all of your assets, it doesn’t matter. This is just another excuse to do so

Ur telling me rich people write laws to relieve you of your assets? Oh no how long has this been happening?! One might say that legalizing polymarket was one of these actions. One might argue you should’ve never been allowed onto such a platform in the first place.