@Pattyice@hoppycat@B69___ I'm down to bagwork for $PATTYICE coin i don't need that much just $100
SENDU SENDU
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aave: yo arbitrum, send back the $71m you get from the hacker, we need it
arbitrum: chill, we’re voting on it, you’ll have it in a few days. defi united, remember?
aave: bet. love that for us
(suddenly, american lawyers show up)
plaintiffs: stop right there. that $71m is ours now
aave: excuse me??
plaintiffs: we have old judgments against north korea. the hacker was lazarus group. lazarus is north korea. therefore the funds belong to north korea. therefore we seize them
aave: wait. do you have proof it was north korea?
plaintiffs: yeah, tweets
aave: …tweets
plaintiffs: and a news article
aave: but even if it was them, holding stolen funds for 5 minutes doesn’t make you the owner??
plaintiffs: yes it does
aave: so if i smash a tiffany’s window, grab a diamond, and a bystander grabs it back from me, your creditor friends can seize the diamond?
plaintiffs: correct
arbitrum: uhh… what are we supposed to do here
plaintiffs: don’t move. everything’s frozen
aave: but the funds belong to my innocent users??
plaintiffs: not our problem
aave: if i lose this, nobody will ever stop a hacker again. why would they? the reward becomes a legal war with the thief’s creditors
plaintiffs: not our problem
aave: and sanctioned states will have an incentive to hack more, since stolen funds can pay off their old debts
plaintiffs: still not our problem
aave: (turns to the judge) your honor, either vacate this now, or make them post a $300m bond. we have days before the entire defi ecosystem cascades
judge: (tbd)
I know a few very smart people who are actively printing cash on Polymarket right now, and they all tell me it’s the easiest money-making play we’ve had in a while
The misconception around prediction markets is that people think the ones winning are just gambling money on outcomes and “hoping for the best”
This isn’t how it works…
Polymarket is basically the smart minority taking cash from the stupid majority. The stupid players treat it like a Casino whilst the smart ones calculate their decisions, just like a trading market
Most of the outcomes on prediction markets can actually be figured out with common sense, deep research and a few conversations w/ the correct people (or with insider info obviously)
They’ll ape lumps of cash on the most OBVIOUS outcomes which they 100% know will pull through, and make a few thousand per bet. Repeated process
A lot of the big wins (if you actually look on the platform) are just people lumping $200k on an outcome and collecting $5k back. Low risk plays. Easy money
6-7 figs/mo profit doing this btw, especially when they make the odd risky bet that pays out
There are other strategies people are abusing to get an edge, but they aren’t public because that defeats the point of having an edge
I’ve personally played around with Polymarket a lot recently, and made a fair few connections in the process whilst doing so
Definitely something to check out if you have a load of cash lying around…