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[–] 12 points 3 months ago (5 children)

While we are not blind to the risks, removing these markets does not prevent a tragedy but makes the most accurate information less accessible to the people who need it most,” he wrote.

Can anyone explain to me what the actual fuck this dude is talking about here?

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  • [–] 8 points 3 months ago (2 children)

    They're trying to say that the guess of the "prediction market" will give early warning to evacuate.

    It's been one of their "We're not gambling" defenses but applying it to wildfires really highlights how bonkers it is.

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  • [–] 11 points 3 months ago (1 child)

    It’s libertarian shizzle about how you don’t need government services, like a forest service monitoring fire risk, if you have internet peoples betting on fire risk instead.

    The libertarian lunacy is that because peoples money is in it, they will strive for the best judgement possible.

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