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

1. Biggest limiter to retail/institutional hedging is opportunity cost (no yield), easy to fix if not already done

2. Binary options doesn't mean the price isn't continuous before settlement, not sure what the point is here. Reduce exposure to reduce risk

3. Participation changes the ground truth in literally every asset by definition

4. Our entire economy is based on speculation because of 25+ years of reckless Fed policy and easy money. Want people to save and work real jobs instead of buying shitcoins? Try increasing interest rates