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Nonetheless, all that stated, there’s one thing to the concept the CFTC is utilizing the levers of regulation to primarily wipe out predictions markets as an business earlier than it might probably even get going. There might or will not be one thing to the psychological and financial concept behind betting markets, however it’s important that quite a few teachers, firms and even DARPA have at one level or one other seen potential within the thought of crowdsourcing fact.
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