Ryan Adams

But it's kind of this thing that we need to deal with as a prediction market industry of the tail wagging the dog of like the market impacting the real world rather than it just being a one way flow from the real world impacting the markets.

Like we need to kind of like manage the reverberations, the real world reverberations of like prediction markets.

Dude, I'm just a journalist.

I didn't sign up for this.

You guys took the wrong end of the trade.

What is this?

And MOU, CFTC and MLB signing an MOU.

Yeah, this is the second memorandum of understanding that we have.

Last week was a memorandum of understanding between the CFTC and the SEC.

This one's slightly different.

Basically, there is a partnership between the Major League Baseball,

and the CFTC.

The quote from the article is that the MOU is a collaborative step towards promoting the integrity and resilience of prediction markets related to professional baseball.

We saw something similar last week, or maybe it was two weeks ago, with Polymarket, Palantir, and TWG Global.

TWG owns a bunch of soccer teams and football teams and basketball teams.

basically there's this like three-way harmony of incentives between prediction markets, sports leagues, and the CFTC as a financial regulator to create trust and integrity in these prediction markets.

Because I think if you're the MLB,

If you have a very large economy of prediction markets around your games, that's good for you.

That's attention, that's money, that's capital being around your industry.

It makes the MLB more valuable.