Rulecucking someone's homeowner's insurance sounds like a fun one-way ticket to hell.
lmtfalone, Oxymirin retweeted
A paradox of today's politics: the thirst for authenticity rewards highly atypical ppl (Obama, Trump, Bill Clinton) who act naturally in unnatural settings, and punishes ppl (Romney, Gore, Hillary) who react with discomfort—which is more normal, but reads as "inauthentic." 1/2
Agree with almost all of this. Market rules should be short and precise. Hire a notary or a poet. Or a poet notary.
Some feedback for Polymarket after the recent MicroStrategy market drama:
1. Market rules should be written more clearly and reflect real-world reality as closely as possible, especially since Polymarket functions as a news and information platform. There will always be edge cases, which brings me to point #2.
2. The Markets team should be more responsive to clarification requests involving potential edge cases. Sharp traders had already flag this to the team and asked for clarification before May 31 to avoid exactly this situation but those requests were ignored.
3. More transparency around how clarifications are made and communicated would help a lot with users trust.
4. Consider implementing a trading pause feature when major resolution disputes or market controversies emerge, helping minimize unnecessary damage.
5. If trading cannot be paused, at least remove fees from that market to avoid accusations that Polymarket tries to profit from those occasions.
If even some of these changes are implemented, a lot of future drama could be avoided.
@shayne_coplan @mustafap0ly
No worries! Just thinking through if I wanna continue making lots of money online or go back to my poor but sexy art life.
lmtfalone, Oxymirin retweeted
I developed a rough mental model of the breakdown of other millionaires my age
~80% received over a mil through gifts or inheritance, or received at least 6 figs which passively grew into >1M
~10% are social media/onlyfans rich or professional athletes
~5% are self made gamblers/traders like me or crypto kiddies
~5% created something of value; a company, an invention, a game etc. (no, fake Silicon Valley AI startups don’t count)
lmtfalone, Oxymirin retweeted
Be careful @williamlegate PolyArb is a fake prediction market product that has a wallet drainer on the site.
You replying to them gives them reach for new potential victims.
