CZ: Prediction markets invert trading dynamics by using price to find truth
Changpeng Zhao (CZ) · Binance’s CZ: We’ll Never Know Satoshi, and That’s Good · Apr 9, 2026 · at 19:04
Former Binance CEO Changpeng Zhao breaks down why prediction markets represent a novel market mechanism compared to traditional crypto exchanges.
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“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 dynamic.”
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