crypto

When I tell my smart non crypto friends about Polymarket they’re like “yeah I already knew about Predictit. What’s the difference?”

I’m looking to steelman Polymarket for the purpose of shock and awe-ing them into taking a more serious view of crypto.

Any suggestions?

building /bracket | talking /greatbooks | ex-BCG, ex-PHD | poli + phil + econ

That’s not a crypto specific reason though. 

Instant transparency on live liquidity flows though? Ability to audit how it works and decision sources?

What fiat based prediction market has that much liquidity? :)

Global and permissionless out of the box.

For sure. Do you think this was a relative coincidence or due to some special properties of crypto?

Wouldn’t say any prediction markets but I bet traditional sports books do volume. Bet365 has a line on US Election. They had $4.3B in revenue in 2023.  

Have no idea how much was bet and how odds shift — only they know that. It’s not in their interest for you to know