Isn't it gambling in a sense?

it's gambling if you don't know what you're doing imo

is buying bitcoin a gamble? it is if you don't know anything about it and just try to "get rich quick".

same holds true for participating in prediction markets imo

weak hands get shaken out, as they say :)

@nemo posted a good article a few days ago (puh, he didn't delete that one, lol).

Good summary (quoted from the article) of why I think prediction markets could be nice:

The problem is that banging on buttons has almost no cost. So an expert’s career is based on setting up a Twitter account and subtle marketing about what correct predictions one has. Even a few incorrect predictions are easy to talk down and thus people like Krugman still have a chance to make predictions. Paradoxically, then, it’s more interesting whether their prediction produces a clickbait article, and more valuable the amount of predictions that can be made into long articles for which the journalist is paid by character count, than their reliability.

All of our actions are gambling in a sense, because the future is uncertain.