Investing is a positive-sum game.
You buy into a company that creates value, hires people, and pays dividends. The pie gets bigger and everyone can win.
Prediction Markets are a zero-sum game.
For you to win $100, someone else must lose $100. There is no underlying growth and no long-term compounding. It is just a transfer of wealth.
But what makes this even more insidious is that people with access to insider information might have an unfair advantage. 
at 1772485085000
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