Krystal Ball

Because you find it important to be a good person while you're here on Earth?

Or are you a good person because you're afraid?

Because that's two different intentions, bro.

Absolutely.

And that's two different levels of trust.

I want you to just really be a good person.

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Yeah, but even accepting that frame validates the concept of a prediction market.

And that's why what these companies want to do, like Polymarket, Calci, and others, is show how well they regulate stuff to prevent insider trading.

So I'm sure Calci's response would be, we don't even allow such bets.

It's like, okay, but what is the utility of the bets that you do allow?

What is the utility of betting in our marketplace?

they would say it allows people to resolve bigger questions, put your money where your mouth is.

What possible utility is there in being able to bet on an election and its outcome?

Be serious.

Even in the most hyper-regulated market in the world, where there's no insider trading, what societal utilitarian benefit to the American consumer

is there?

I would say nothing.

All right.