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Hanna Horvath

πŸ‘€ Speaker
273 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
What happens when you can bet on anything?

You're like, eh, whatever.

Marketplace All-in-One
What happens when you can bet on anything?

That's no big deal.

Marketplace All-in-One
What happens when you can bet on anything?

I get really worried about this idea that when you start to have contract events on things like elections –

Marketplace All-in-One
What happens when you can bet on anything?

then we get into the things like mistrust and paranoia and conspiracy theories.

Marketplace All-in-One
What happens when you can bet on anything?

Insider trading is something I'm profoundly disturbed by.

Marketplace All-in-One
What happens when you can bet on anything?

Everything's already rigged anyway.

Marketplace All-in-One
What happens when you can bet on anything?

Now things are super rigged.

Marketplace All-in-One
What happens when you can bet on anything?

I even think too, like, I think the two salient examples, like the Maduro, you know, someone who benefited on the capture of Maduro.

Marketplace All-in-One
What happens when you can bet on anything?

And, you know, there was someone who bet on, like, Google search trends that they likely had insider access to and I think made, like,

Marketplace All-in-One
What happens when you can bet on anything?

close to a million dollars, something around there.

Marketplace All-in-One
What happens when you can bet on anything?

And I think a lot about everything Tim said, but I also think when we get to this place, if it's not considered insider trading, who stands to benefit?

Marketplace All-in-One
What happens when you can bet on anything?

And it's those people that have that insider information, which are more likely to be affluent, more likely to have access to those spaces.

Marketplace All-in-One
What happens when you can bet on anything?

So the broader population will just kind of continue to lose out.

Marketplace All-in-One
What happens when you can bet on anything?

And I think this contributes to like the wider kind of economic environment that we're currently in of like vast wealth inequality,

Marketplace All-in-One
What happens when you can bet on anything?

A lot of people feeling really disenfranchised in the current economy and just feeling, you know, nihilistic about their financial futures.

Marketplace All-in-One
What happens when you can bet on anything?

And I think that's what often leads them to gamble.

Marketplace All-in-One
What happens when you can bet on anything?

So number one, I think it starts with the people that regulate gambling.

Marketplace All-in-One
What happens when you can bet on anything?

So that's the governments needing to do better.

Marketplace All-in-One
What happens when you can bet on anything?

I mean, to have better laws and better rules in place and better enforcement.

Marketplace All-in-One
What happens when you can bet on anything?

I think it also starts very simply with the operators that make these apps, ask questions for themselves to say, can we sleep at night?