Ethereum

Debate on whether prediction markets are good or bad.

One major point I will add is that right now the major markets mostly don't pay interest, which makes them very unappealing for hedging because to participate at all you sacrifice a guaranteed 4% APY on the dollar.

I expect lots of hedging use cases to open up once that gets solved and volumes increase more.

Debate on whether prediction markets are good or bad.

One major point I will add is that right now the major markets mostly don't pay interest, which makes them very unappealing for hedging because to participate at all you sacrifice a guaranteed 4% APY on the dollar.

I expect lots of hedging use cases to open up once that gets solved and volumes increase more.

https://docs.google.com/document/d/1jc_46jk6UEdDY7Dc3hoX0gkTAyXAE07sjV93jPbrU40/mobilebasic

One-liner summary of your whole doc:

Prediction markets aren’t broken casinos — they’re early financial markets that will evolve natural hedgers, unlock huge untapped hedging demand, and become a net positive for society.


Calling prediction markets bad is like calling the internet useless in 1995