With the capital I have on hand as a PhD student, there’s just no way that running something like Vitalik’s pipeline to make money on prediction markets will have a higher excess return-on-hours-worked over holding ETH than my next-best option (which I currently think is a business I’m starting).
If I was starting with a larger capital pool, or equivalently a lower hourly rate, I can see how it would be attractive though.
USDC is a very different thing than tether.
Do you have most of your net worth tied up in Eth, or something other than USD at any rate? If not I don’t see how the volatility point could apply.
With the capital I have on hand as a PhD student, there’s just no way that running something like Vitalik’s pipeline to make money on prediction markets will have a higher excess return-on-hours-worked over holding ETH than my next-best option (which I currently think is a business I’m starting).
If I was starting with a larger capital pool, or equivalently a lower hourly rate, I can see how it would be attractive though.