Skin in the Game: Why We Crave Prediction Markets
The Death of the "Expert"
For decades, we've listened to pundits on TV make wild predictions with zero consequences. "Inflation is transitory." "The internet is a fad."
People flock to Polymarket because it imposes a penalty on bullshit. You can't just talk; you have to pay. If you're wrong, you lose money. If you're right, you get paid. It is the ultimate meritocracy.
The Truth Engine
Why check a poll (sample size: 1,000, methodology: flawed) when you can check a market (sample size: millions of dollars, methodology: greed)?
Traders want to know what's actually going to happen, not what people say they want to happen. Money reveals true preferences. We trade on Polymarket because it is currently the most accurate news source on the planet.
The Dopamine of "I Told You So"
Let's be honest. Making $500 is nice. But sending a screenshot of your winning trade to your group chat with the caption "Called it 3 months ago"? Priceless. Prediction markets monetize your ability to see the future.
