Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

InTrade CEO John Delaney sends a good comment to the CFTC.

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I have read it quickly, and he made very good points —though not in a legalese way, so to speak.

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I have made the same points to the CFTC. You’ll see that soon.

I’m off for a couple of hours, and will come back later to provide some commentary —and maybe I’ll republish his text as HTML.

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