Forming a business entity such as an LLC or corporation provides essential personal asset protection by creating a separate legal entity.

“When you incorporate , depending on the type of business, but generally you 're creating an entity, a separate person from yourself. Okay. And that entity, that separate person you're creating, has different branches of protection for you personally.”

A private company has the right to set guardrails on its technology and refuse to work with a client if terms are unacceptable.

“it's a matter of corporate governance or, you know, corporate decision-m for a company that is providing a service to set certain guard rails on that, right? you know, this should only be used in certain ways.”

Insider trading laws should apply to prediction markets like Polymarket because these contracts function similarly to regulated derivative contracts.

“I think most people think that they are a type of derivative contract. That's kind of my belief as well. They tend to have a lot of the look and feel of a lot of other call options, put options, various exotic options that you can buy and sell on the Chicago Mantel Exchange.”