prediction markets

“Like who would have guessed two years ago that prediction markets would be our fastest growing business.”

“And prediction markets solve that, which is why I think for traders, it has the potential to become a really big market. And for mass market consumers, it could be a better source of news and forecasting.”

“Well, prediction markets actually Take advantage of all of these sort of, like, forces to consolidate into a more accurate forecast. That's not a guess. It's not a poll. It's, you know, a price formed by people with real skin in the game.”

“And this is a much more efficient truth machine than, like, the central intelligence agency, if you think about it.”

“And I think that's the best argument for doing prediction markets inside a regulated framework, because if we don't they could go offshore much like a lot of the crypto business.”