By DISPATCH FROM THE FRONT, MORFI MARKETS: A new front has opened. Less than a day ago a single question went up, and the opinion forces of the internet have been moving toward it ever since: Should Gyanesh Kumar, head of India's Election Commission, resign now? It is a straight two-way fight, Yes against No, with no third way out.
Early reports say the Yes camp moved first. They have taken the ridge with 70% consensus, and 15 holders have dug in under their flag. This correspondent saw nothing that looked like a retreat. It looked like a column that knows where it is going.
The No battalion has not given up the field. It holds 30% consensus with 6 holders behind it. That is a smaller force, but it is a stubborn one. Military historians, or at least this columnist, will tell you that the first day of a campaign rarely decides it. Whether the defenders are a doomed rearguard or a counteroffensive waiting to happen is anyone's guess. Mine is that they are polishing their boots.
Supplies are already moving. 16 unique traders have reported for duty, and $23,264 has been committed to the cause. These are not leaflets dropped from the sky. On Morfi, people put money behind what they believe. Keep in mind that the percentages measure the crowd's conviction for each side. They are not a headcount of soldiers.
To be clear: this market makes no claim about wrongdoing by anyone. It is a contest of opinion, run on the opinion markets at Morfi, and the only casualties so far are a few overheated comment sections.
The fighting is still young and the lines can still move. Readers who want to do more than watch can join the market on Morfi and pick a trench. This correspondent will stay at his post and report as the smoke clears. Over and out.
- Yes 69.9%
- No 30.1%