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Stephen Grugett (Manifold Markets Founder) - Predictions Markets & Revolutionizing Governance
Dwarkesh Podcast
How Do Markets Work?
Market markets are a mechanism which is like the most efficient way of solving the whale problem. I think it's a really cool idea in principle, but in practice, like, users absolutely hate a, you know, losing money for any reason at all. So i guess then you wouldn't be interested in schemes like quadratic um, like some decaying value of the manifold dollars that you can buy in one account. A, you think this would inhibit a price discovery, right? Yes. Althoughi have with some other, a, interesting, like, monetory schemes in the past. Am, so whant one idea i had is a introducing dumerage, or, like a
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