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Always enjoy Haseeb’s willingness to have spirited debate.
Summarizing my point - users don’t care about decentralization of their prediction markets. They want great product UX, with deep liquidity, and good pricing. Historical features of decentralizing prediction markets around market resolution are less desirable to consumers and they’d rather have a known arbitration of the event outcome.
But, Haseeb brings up an important point that I do generally agree with - many exchanges (and tech businesses) initially gain market share by bending the rules of the status quo. Uber. Airbnb. Coinbase. Hyperliquid. Etc.
However, I’m not sure that I’d say this requires decentralization per se vs risk appetite.
Outside of truly onchain protocols that push operating control to users or other stakeholders (e.g Ethereum, Solana, Uniswap, Morpho) most businesses, even onchain ones, maintain material control of their operations.
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