Raphaël Lévy

1Joined Sep 2022


Thank you for your perspective. I see where you're coming from, but I disagree. I think that crypto-based prediction markets have the potential to revolutionize information gathering and processing, and that this could have a hugely positive impact on the world. I agree that some regulation is necessary, but I believe that crypto can provide a way to bypass unnecessary restrictions and allow us to tap into this powerful tool. I don't consider most prediction market regulations to be morally justified. Of course, when I'm referring to circumventing regulations, I don't mean by breaking the law, I'm thinking more along the lines of setting up a market in a friendly jurisdiction.

I am not invested in crypto in any way and I also believe that most of crypto is a scam, yet there are some diamonds in the mud. The fact that this technology, for instance, enables prediction markets with actual money (regardless of the feelings of the regulators) seems very valuable to me. I would recommend caution with this technology and industry, not outright rejection.

The link you just posted seems broken? Hilary Greaves' Discounting for public policy: A survey is available in full at the following URL.