Man USA should just be Minnesota.
this post was submitted on 19 May 2026
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Just FYI, sufficiently liquid prediction markets are also assassin markets by their nature.
It's a really easy way to facilitate payments for killings by "predicting" that someone will be dead by a certain date, and making a big bet against it
That isn't really a new thing companies have our entire lives been able to take out life insurance on their employees without them knowing it. Which you know...
This was reported, so I looked it up. Apparently, it's true. I also think it's your opinion that corporations might use for their own financial gain, so I won't remove it.
Corporate ownership of life insurance (COLI), or corporate-owned life insurance, refers to insurance policies taken out by companies on their employees, typically senior-level executives.
The company is responsible for making the premium payments, and if the person dies, the company, not the insured person's family or other heirs, receives the death benefit. Such policies came to be called "dead peasant insurance" after some companies purchased life insurance on low-level workers without their knowledge.
https://www.investopedia.com/terms/c/corporate-ownership-of-life-insurance.asp
Oh right the dead peasants' insurance thing this is like well after the fact, in like the 00s by walmart.
I guess I should have just looked it all up how hard could have been.
From what I understand they would take them out on technical employees fairly often as well, like scientists types that could not be easily replaced. But who knows what dirty dealings have gone on.
Is that why they hire elderly people as greeters? Wow, they're pure evil.
Huh, I wonder if there's a way we could subpoena the books of the life insurance companies they deal with. Or somehow obtain that information by whatever means.
Walmart was a very bad company, they still are but I think they were one of the first retail Giants to become totally morally bankrupt.
If a Walmart employee dies on Walmart property the family gets a $1,000,000 payout. Source: am spouse of Walmart manager. This applies to all employees as far as I know.
What does Walmart get if you die* on or off the property?
His opinion? Walmart was notorious for taking out life insurance policies on its rank and file workers. It happened for decades, there were even lawsuits, settlements, the whole 9 yards...
This is the first I'm hearing anything about it. I meant it as a good thing, so he doesn't have to provide proof and all that.
Sure?
Yeah that's been common knowledge for decades and decades. Like Wall Street level they can sell life insurance policies on any of us without us knowing it, all they need is our social security number. It's very unfair.
I don't have any ready sources this is from like the 90s and 2000s I mean I could look but whatever.
It’s why we aren’t allowed to do “dead pools.”
Note that a dead pool can also mean when the water in a dam is so low that it can't flow downhill through the outlet (because the outlet isn't at the exact bottom).
It can also refer to a large room full of acid and hanging skeletal corpses
"Dats real acid..?"
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The prohibition extends to services supporting prediction markets, like virtual private networks ...
So they quietly just slipped a blanket VPN ban in there, too? Would be interested to read more about that part ...
like virtual private networks, that could allow consumers to disguise their location and get around the ban.
Seems to be the intention.
They should go further and ban people from leaving the state, since that could also be used to circumvent the ban.
Luckily due to the United States Constitution, the states can't tell you where you can and cannot go. Obviously with the police they can do whatever the fuck they want but officially we can go over we want.
I mean you could make the argument that the commerce clause tells the state they can't ban VPNs. Ultimately it will be up to the SC to dictate the laws as they have been lately.
You know what, you're right one could make the argument that states don't even have the authority to ban vpns.
These people have bank accounts. What not just pass a law saying banks can’t take payments from these sites instead of banning VPNs?
But what about the banks profits??
Because banks have a better lobby and pay better.
Prior to New Jersey amending their state constitution to allow online sports betting in 2011, and mostly leading to the opening of online gambling we're experiencing now, enforcement was usually taken against the "casinos" rather than the handlers. Back then it was CEOs of the betting companies getting caught on their flight layovers and charged with the illegal gambling stuff.
Doubt the intention is to enforce against the gamblers for the reasons already implied here, like the difficulty of tracking and enforcing vpn monitoring.
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Hey what the fuck, good eye
Here is the relevant text of the signed bill SF4760, make your judgement as you will:
81.23 Subd. 2. Prediction markets; hosting prohibited. A person is guilty of a felony if the 81.24 person, for consideration and as part of a business
...
82.14 (5) provides supportive services to a prediction market or consumer knowing that the 82.15 services will be used to identify a consumer's location, transfer money, or make or process 82.16 payments for the purpose of allowing consumers to make wagers or to settle wagers made 82.17 by consumers in violation of this section.
So they'd have to prove that the VPN provider so.ehow knew the user's intention? It will they just steamroll over the facts and claim that any provider should assume that?
Good questions. At a minimum any VPN marketing in MN would need to tiptoe around claims that you can watch region locked content as if you were there.
Personally, I think VPNs that don’t receive or keep customers' info and logs could have a credible argument that they don't know whether their customers use it for prediction markets or not.
What if they use a foreign VPN?
Cue laws that VPNs monitor their clients' traffic
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Every day I regret leaving Minnesota for Texas, they keep doing what we need to do here and the damn state regime stomps down any progressive or practical solutions the blue cities try. I vote angry in every election.
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