One of the fundamental principles of progress in this world is the replacement of old forces by new forces.

From the perspective of the old forces, prediction markets dominated by Polymarket have already begun to eat into their cake.

Traditional gambling business volume ranges from 350 billion to 500 billion USD, while the trading volume of prediction markets last year already approached 50 billion USD. Moreover, besides the traditional sports sector, theoretically, any event in prediction markets can be wagered on... It's terrifying...