I know many skeptics of prediction markets. I don't have an ideological faith in them (OK, maybe quasi ideological). But the empirical evidence is they have worked really, really, really well. And did again on Tuesday night.

A short 🧵 about this remarkable picture. https://t.co/nbiRqoagcU

Jason Furman

The ultimate validation

https://x.com/jasonfurman/status/1854588078419329060?s=46

He’s not just talking about the presidential race

decentralized networking, wallet enthusiast 

I’m not sure that tracks. we know the market was dominated by a few pro-Trump whales who kept the price from moving significantly, what if they had been pro Harris? we didn’t get a chance to see the wisdom of the crowd