prediction markets

“It's the first election. With like serious, serious liquidity in the prediction markets. There's always been predicted and whatnot, but the liquidity has always been really, really low, like a few million. Now we're in like the billions.”

“I would say like the Venn diagram of people that sports bet and people that like use prediction markets is like probably almost a circle, you know”

“The U.S. Treasury market is literally a prediction market because U.S. Treasuries at any point in the curve are the ensemble prediction of what the Fed is expected to do over the course of any given time. So a five-year Treasury is what the next five years of …”

“They're the price discovery and truth discovery. They're kind of using price to discovery truth, right? So which is actually a very, which is usually the reverse for what we do. We like information drives trading volumes. So that, so that's a very interesting …”

“The reason that the jury thing is, is, is bad is it creates a potentially an incentive for the jury to basically work together and say like, Hey, like we all have to be here for like a month. Like we can at least make some money on it. And then you only need t…”