You're sneaking in a prior assumption that people will act stupidly, and then make the argument "Well since they act stupidly they will have bad outcomes". That's like me claiming "Your startup is gonna fail, I can tell, because you'd need to be able to read and write to make it in business!"(sneaking in the prior assumption that the person in question is not in fact able to read or write)
Your strategic consideration is wise, though. 'Diversification' is one of the first things people will teach wrt investment literacy.
>just to be clear we are discussing gambling and not investing
Where's the demarcation? The whole point of this sub-thread was "you absolutely can predict the outcome of some of these markets". If you do your due dilligence/leverage your domain knowledge to buy a thing you expect to pay dividends at a later date, how is that not investing? Are government bonds gambling in your thinking?
Your prior about people acting unwise is still sneaking in via the assertion that we are talking about gambling.
What's wrong with me is I'm autistic enough to expect people to be able to follow arguments. I did not say "There are no differences between Government Bonds and Prediction Markets", what I said was "Let's find where the line between gambling and investing is, here's an example from which to pick apart the features that make gambling vs investing".
> I did not say "There are no differences between Government Bonds and Prediction Markets"
I never said that you said that, so now you are just arguing with a straw man that you just created, and your lack of ability to understand that is going to make a productive conversation impossible. Good luck with your gambling.
You haven't been putting in any good-faith effort into having a "productive conversation" for at least three of your responses, setting up "This is how things are" with no attempt to support this with any arguments, and have equally refused/dodged out of engaging with any of mine.
Your brain has just had your mental block up very obviously starting from your knee-jerk "what is wrong with you?" comment, isolating you from the scary prospect of being convinced by a consistent chain of logic, and now you're looking for a face-saving way of ejecting from the conversation.
Your strategic consideration is wise, though. 'Diversification' is one of the first things people will teach wrt investment literacy.