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Nonetheless, all that mentioned, there’s one thing to the concept the CFTC is utilizing the levers of regulation to basically wipe out predictions markets as an business earlier than it may even get going. There might or might not be one thing to the psychological and financial concept behind betting markets, however it’s important that a variety of lecturers, firms and even DARPA have at one level or one other seen potential within the concept of crowdsourcing reality.
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