🔬 Science 1d ago · Joe Wilkins

Former Crypto Regulator Insists That Gambling on the Weather Is Inherently a Good Thing and “Human Nature”

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Former Crypto Regulator Insists That Gambling on the Weather Is Inherently a Good Thing and “Human Nature”
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In a live appearance on Bloomberg TV, James Christopher Giancarlo, former chairman of the US Commodity Futures Trading Commission which regulates digital commodity and digital asset trading, insisted that America’s growing addiction to prediction markets is a net benefit for society as a whole.



During the interview, Bloomberg anchor Tim Stenovec challenged the former watchdog around the “existential question” posed by prediction markets.



“I have people getting in to

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