7min chapter

TFTC: A Bitcoin Podcast cover image

#552: How Bitcoin Could Predict The Next Global Conflict with James Pierog

TFTC: A Bitcoin Podcast

CHAPTER

Exploring Bitcoin Prediction Markets

This chapter investigates the dynamics of Bitcoin prediction markets in comparison to platforms like Polymarket, highlighting how bets in satoshis provide insights into probabilities. It also addresses the challenges of the Oracle problem, consensus in market outcomes, and the tension between trust in decentralized systems and the need for a reliable operational framework.

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