Part 8/11:
The apprehension surrounding Poly Market also stems from its model of peer-to-peer gambling, which stands in opposition to traditional gambling systems that generate profits for governments, often involving lottery funds and heavily regulated casinos. The stark contrast between the two systems could undermine the current gambling structures, prompting government resistance against Poly Market's operations.
Critics highlight the risk of insider trading and market manipulation inherent in unregulated markets, particularly around the upcoming elections, where betting could distort public opinion and political landscapes.