2min chapter

The New Liberal Podcast cover image

Predicting the Future ft. Stephen Grugett

The New Liberal Podcast

CHAPTER

Prediction Markets - Is Colshe Really Trying to Put Competitors Out of Business?

I got my start by arbitraging political contracts on intrade, which was an early prediction market exchange run out of Ireland. Sadly enough, there's a lot of prediction markets, you know, kind of biting the dust these days. You mentioned the CFTC earlier who is one of the the entities that regulates all of this and it is stake to claim to like, we're the ones who can tell you what to do. Do you have any thoughts on the whole CFTC? I don't know what to call it, the kerfuffle,. The episode they had with Colshe and like there's accusations that Colshe basically tried to put competitors out of business.

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