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HERE IT COMES (lemmy.world)
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[-] explodicle@sh.itjust.works 2 points 9 hours ago

Which is why honestly I think we should start betting on everything. The biggest problem is centralized bookies who can't allow bets the government doesn't like.

All of the worst, most evil applications of this are already legal for the rich. p2p betting would only help the poor.

[-] ameancow@lemmy.world 2 points 3 hours ago

I am not sure the answer to a worldwide gambling epidemic is to make more gambling but what do I know.

[-] explodicle@sh.itjust.works 1 points 1 hour ago

It's the answer to it being difficult to organize a resistance without getting disappeared.

[-] FaceDeer@fedia.io 3 points 9 hours ago

You're basically describing prediction markets, which do exist on p2p blockchains and work in basically this way.

They're pretty good, but unfortunately what they measure is kind of a hybrid mix of expert opinion and general sentiment. There are people who put money into prediction markets because they have inside knowledge, but there are also people who bet there based on vibes and hope. Whereas insurance companies tend to have fewer outright gamblers working as actuarial analysts.

[-] explodicle@sh.itjust.works 1 points 5 hours ago

What's the best one on a p2p blockchain? Maybe I can help.

[-] FaceDeer@fedia.io 2 points 4 hours ago

I don't use any myself so I can't really give a personal recommendation. This page has a list of some.

this post was submitted on 24 Feb 2026
244 points (100.0% liked)

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