Make a blank forecast market

I'M NOT A GAMBLER, AND I DON'T UNDERSTAND THE PLEASURE OF STARING AT K-RAYS. BUT WHEN CNN AND CNBC ANNOUNCED, RESPECTIVELY, THAT THEY WERE GOING TO ACCESS THE NEWSROOM, I FELT LIKE WE WERE BEING PLAYED BY A NEW "TRUTH."。

Crypto bro in the sermon: Traditional polls will be replaced, experts will be high priests of the old age, and only the odds from the pile of real money and silver will reflect the wisdom and reality of the group. However, the business logic of predicting market culture is in line with Keynes' "the beauty pageant." You don't care who's most beautiful, you only care who's most beautiful. The concept of beauty itself is "dissolved" like Dushan's urinal in the art gallery. It is predicted that the market will continue to accelerate and slow until more and more sober people begin to “do nothing” and “do nothing” predict the narrative of the market itself。

Exchanges and casinos are two distinct worlds. Fearing that food prices would fall and that prices would rise in downstream food processing plants, farmers came to the derivatives market to find those willing to take risks. Different demand allows transactions to move。

However, this natural hedge does not exist in a forecast market context. This leaves the market with only smart money with inside information and gamblers destined to be harvested: If an opponent with an information advantage is willing to trade with you at this price, then this deal is probably a loss for you. Once the "dumb money" is exhausted, liquidity will quickly dry up. As insider traders are allowed to exist in large numbers, it is not self-sustaining to predict that the market will be a new Pond without a continuous flow of blood from gamblers。

In natural systems, the thermometer values do not change the temperature, and no matter how we bet, Harley's comet still returns on time. But in the social system, probability itself has the power to " distort reality" and the greed of observers can change the observed reality。

The "economic security" of the block chain network can be guaranteed through pledge forfeiture mechanisms, but the market can be predicted to be completely uncertain. Instead, it even rewards destruction。

If a billionaire had a heavy stake in an extreme event, he was actually providing financial support for that result and using market probability signals to create panic or consensus. Large sums of money can create a huge power that reverses media coverage, thereby affecting public confidence, forcing an uncertain outcome to collapse into what the betters want。

Kaito, who wanted to be a distribution centre for information, eventually became a noise-only broadcaster. Prognosing markets as telescopes for insight into the future cannot stop themselves from becoming billboards for the future。

Many felt that with deregulation and capital inflows, markets were bound to be the next windfall. But it's always too much。

There is a growing realization that we are at the top of the cycle of the "culture of gambling."。

Full-scale financialization will bring nothing. One day people will get tired of this high-frequency dopamine stimulus and return to life. We started closing the screen, walking, touching the real dirt, reading paper books, building deep relationships outside the screen。

The "doing nothing" predicts the market, which is not only about making more "human beings" but also about "living."。

If we can't go back to the past, perhaps the only way out is to stop running empty on virtual tables and turn around into the sun。