Somebody has to rule on whether a ceasefire held, and it is not Polymarket. Offshore, the job goes to nine anonymous wallets. Onshore, the house decides, and the decision cannot be appealed.
Here is where part one left off, in case you missed it.
Polymarket is a website where people bet real money on whether something is going to happen, such as whether a ceasefire will hold, whether a shipping strait will reopen, or whether Israel will close its airspace. A bet costs somewhere between one cent and ninety-nine cents, and the price it settles…

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