The tendency of people to do mental gymnastics to invent a future situation where a generic zero-sum illiquid low-volume binary options exchange is making enough profit to justify their $9b valuation is puzzling

gemchanger
@gemchange_ltd
11-06
Why Polymarket Could Charge 10% Fees Tomorrow and Volume Would Double
The question isn't whether Polymarket could raise fees. The question is why a product that creates actual alpha operates on fundamentally different economics than entertainment that destroys it.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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