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The Original Prediction Market Was Betting on the Pope

Odd Lots

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The Impact of Prediction Markets on Society

This chapter examines the rise of contemporary papal prediction markets and their implications for betting behavior and societal attitudes towards gambling. It discusses the historical context of gambling in the church, the influence of technology such as cryptocurrency, and the ethical questions raised by these markets. The conversation also explores how prediction markets can shape public narratives and electoral outcomes, raising concerns about accountability and the spread of misinformation.

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