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Kamala Harris' betting odds plunge in 4 swing states
(www.newsweek.com)
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this post was submitted on 23 Oct 2024
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I would think that’d be self-defeating. Wouldn’t this news push Democrat-aligned voters to show up to the polls all the more? Assuming these rumors are true, maybe they didn’t intend to distort the numbers in a possibly self-defeating way. Maybe they’re just dumb crypto bros with more coins than sense.
maybe they're going for induced apathy; if it's close you're motivated, but if it's not at all close maybe that'll just make you depressed.
Or maybe they just really believe in the orange fascist, and have enough money to burn for betting on him.
It's also possible the market isn't as distorted as they think; it's not easy to quantify how much one individual bet has affected others' decisions.
I have no idea, but yes my bet is on that. It just sounds so Crypto bro.