The prediction platform Polymarket can be said to have shined in the just-concluded US election.
In the past, the direction of many general elections was controlled by various polls and media, who could manipulate public opinion at will.
However, the emergence of prediction markets (casinos) such as Polymarket has torn off the underwear of traditional institutions.
Look at the picture that was predicted at the beginning. Isn’t it almost exactly the same as the one that was finally selected?
But before Trump took office as president, the FBI suddenly searched the New York home of Polymarket CEO Shayne Coplan.
(New York Post) "This is clear political retaliation by the outgoing administration against Polymarket for providing a market that correctly predicted the 2024 dent election," said an unnamed source.
Copeland himself tweeted that the current administration would make a last-ditch effort to go after companies they believe are linked to political opponents.
Copeland’s IPO was not auspicious. He also has an afro and is only 26 years old, but he has been a veteran in the crypto industry for ten years. Copeland participated in the pre-sale of Ethereum before the coin was launched and saved his first pot of gold.
But during this search, the FBI did not take Copeland away, but instead checked his equipment.
After the FBI left, Copeland's complaints also attracted the attention of the new NDRC Director Ma Baoguo, who agreed that the search was a form of government retaliation:
At the same time, with Trump's authorization, Musk is preparing to launch a larger-scale retaliatory action against the U.S. bureaucracy. He even said that there are now 428 agencies in the U.S. central government, which is simply too many.
Musk plans to reduce the number of central agencies in the United States to fewer than 99.
This means that 77% of departments will be eliminated, and Washington is expected to usher in a wave of unemployment.
When Musk acquired Twitter, he laid off 80% of its employees, but this did not affect the number of Twitter users hitting a new high:
At the same time, some people have suggested that Musk's plan to abolish the government has been planned for a long time. He said 11 years ago that those with vested interests naturally tend to retain various rules and laws, which will spread and reproduce themselves like cancer cells.
