The Bitcoin Matrix cover image

Pierre Rochard, Guy Swann, & Heavily Armed Clown: The Election Night Special

The Bitcoin Matrix

00:00

The DLCs Are Coming Soon, Right?

We're already kind of seeing the baby steps of this with the betting markets that are popping up with Bitcoin, right? Something that probably wouldn't have been possible or certainly not nearly as frictionless in the legacy financial system. These are essentially rudimentary insurance markets, right? I mean, like if you don't want Joe Biden to win the election because you expect that he's going to raise your taxes and that's going to hit your net worth by 6% or whatever in the following four years. Well, then you can hedge against that with an insurance contract that pays you out. And these things are going to be possible with the street log contracts probably relatively soon.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app