The Risks of Decentralized Prediction Markets to Global Security (faz.net)

• Financialization of geopolitical conflicts.
• Incentives for real-world event manipulation.
• Regulatory gaps in decentralized financial platforms.

"Prediction markets like Polymarket treat political outcomes as financial assets. This commodification of conflict creates dangerous incentives for bad actors to manipulate real-world events for profit. The lack of robust regulation on these decentralized platforms threatens democratic integrity and creates new attack vectors for hybrid warfare, where financial speculation is leveraged to artificially amplify crises or influence information environments."