"Financialization of everything" is what gave birth to the derivative monster of 2008. This is absolutely an awful idea.
https://blossom.primal.net/efde4dd68657a2b4376f08ea317158dfc690544a0aa9916b63b2e3c9f0d62925.mp4
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"Prediction markets are not the disease. They are a symptom of a civilization built on distorted incentives. They exist because fiat money rewards short-termism, speculation, narrative manipulation, synthetic risk, financial abstraction, transactional relationships, and high time preference behavior."
https://kudzai.substack.com/p/the-prediction-casino-how-fiat-money
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