Will prediction markets be formally integrated into a government's political system before 2040? πποΈβοΈπ
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will need to be in a nation, state, municipality etc. with over 1 Million residents
"formally" meaning it is explicitly part of the political system for policymakers to consult prediction markets (e.g. explicit much like the political system in the US explicitly requires a certain number of votes in the senate for a law to be passed)
e.g. a central bank deciding whether to raise or lower interest rates can, much like they use macroeconomic indicators, consult prediction markets -- and are explicitly allowed to do so
It cannot be a pilot program / small-scale test
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