Premium Only Content

How Bitcoin Prediction Markets Will Change Elections.
Bitcoin prediction markets have emerged as a powerful new force that will fundamentally change how we forecast elections. Unlike traditional polling, these markets reveal real-time insights backed by actual money at stake. In this episode, James Pierog breaks down how prediction markets work, why they're more accurate than polls, and what makes Bitcoin the perfect foundation for this revolution in electoral forecasting. Learn why major media outlets are starting to pay attention to prediction markets, how they could prevent election manipulation, and what this means for the future of democracy. We dive deep into the technology, the game theory, and the fascinating implications of combining Bitcoin's unstoppable nature with the wisdom of crowds. Whether you're interested in Bitcoin, elections, or the future of forecasting, this conversation will change how you think about predicting political outcomes.
James on Twitter: https://x.com/BillyHongBeats
Bitcoin Prediction Market: https://www.bitcoinprediction.info/
0:00 - Intro
1:38 - Arriving at Bitcoin Prediction Market
12:03 - Comparing to Polymarket and crypto model
16:37 - Unchained & Coinkite
18:31 - Prediction algorithm
21:30 - Predicting and potentially preventing conflicts
30:41 - BOLT12, ecash and DLCs
37:28 - Zaprite and SOTE
39:01 - BPM vs Polymarket UX simplicity
44::36 - Oracle problem and centralization
49:13 - Trust and debt
57:06 - Singapore's authoritarianism unlocked bitcoin for James
1:08:32 - Psychic powers and tools for liberation
1:24:37 - Feather forks and ordinals
1:31:17 - Monetizing art and industry power games
1:38:35 - Adoption inertia and timing
1:43:34 - Native use case and exchange theory of value
1:47:27 - Final thoughts
Shoutout to our sponsors:
Unchained
https://unchained.com/concierge/
Zaprite
https://zaprite.com/tftc
Salt of the Earth
https://drinksote.com/tftc
Join the TFTC Movement:
Main YT Channel
https://www.youtube.com/c/TFTC21/videos
Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ
Website
https://tftc.io/
Twitter
https://twitter.com/tftc21
Instagram
https://www.instagram.com/tftc.io/
Nostr
https://primal.net/tftc
Follow Marty Bent:
Twitter
https://twitter.com/martybent
Nostr
https://primal.net/martybent
Newsletter
https://tftc.io/martys-bent/
Podcast
https://www.tftc.io/tag/podcasts/
-
1:19:17
TFTC
7 days ago $0.01 earnedRABBIT HOLE RECAP #370: THE GREATEST BITCOIN MINER OF ALL TIME
1971 -
LIVE
Inverted World Live
3 hours agoCyborg Jellyfish, Cockroach Spies, and the Humanoid Holocaust w/ Joe Allen | Ep. 96
9,384 watching -
LIVE
Laura Loomer
2 hours agoEP139: Loomer Shuts Down Gazan Visas
794 watching -
LIVE
TimcastIRL
2 hours agoTrump Claims Total Victory, Court Eliminates $500M Fine In NY Fraud Case| Timcast IRL
6,703 watching -
LIVE
SpartakusLIVE
3 hours agoVerdansk QUADS || #1 MACHINE is BACK taking NO DAYS OFF (until I feel like it)
490 watching -
LIVE
Alex Zedra
49 minutes agoLIVE! Ready or Not
153 watching -
LIVE
Man in America
12 hours agoDid the Fed Just Admit Gold Will Be Revalued? This Could Change EVERYTHING
575 watching -
45:54
MattMorseTV
2 hours ago🔴55 MILLION immigrants are UNDER REVIEW. 🔴
1.39K8 -
LIVE
TheItalianCEO
2 hours agoLast Stream before I go - Playing The Finals
39 watching -
1:14:43
JustPearlyThings
2 hours agoPearl Reacts: 20 Black Conservatives DESTROY Radical Feminist Activist | Pearl Daily
11.8K9