I belive we call this BETTING... I wonder why you refused to used the actual word...
What the heck! Don't answer yet... Let's predict...
0.05 Eth it's a law thing
1 Eth. My mama told me not to waste my money on woman or bets.
2 Eth it does says in the white paper betting is bad for you.
Any bets???? ;-)
It is true to some degree, but it is in fact something slightly different - This is a prediction market, it is a very accurate way to poll current available knowledge on a topic. For this reason, economists LOVE to use data from prediction markets because they are usually significantly more accurate than the opinions of experts. Why? because people are not just mouthing off biased opinions, they are putting their money where their mouth is. For instance, Is US going to war with North Korea next year? it feels good to say "yes! Trumps an arse...", but put some money down and people tend become a little more realistic (my money is on "no, its in neither of their best interests")