Shaan Puri
👤 Speaker
7758
total appearances
Appearances Over Time
Podcast Appearances
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
Wow.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
So do gambling laws apply then universally to PolyMarket?
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
When it came out, it's a gambling affiliate.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
So we can't do it in Georgia.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
There's basically a loophole.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
So-
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
Prediction markets are not considered gambling.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
They're like commodities contracts.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
So it's like betting on the future price of like soybeans.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
So they're regulated by the same people who do like the commodities markets.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
And so that's how they've been able to get around this.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
Everything.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
Everything.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
World events.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
Anything.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
And we're calling this, it's called polymarket and it's- Market.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
This is like when someone says, what do you do for work?
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
And they go, I'm a sanitation engineer.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
He's a fucking trash guy.
Modern Wisdom
#1078 - New Studio Launch Party - Indian Fetishes, Betting on Wars & Tom Cruise
During the halftime show, they were like, oh, is he going to play this song?