James Pierog is co-founder and CEO of Bitcoin Prediction Market, a new company back by Bitcoin startup accelerator Wolf, enabling bets on real-world events using the Bitcoin Lightning Network.
We explore what a prediction market is, why Bitcoin is the perfect medium for this, and what new forms of crowd intelligence through prediction markets could mean in an increasingly complex world.
Along the way we discuss the intersection of philosophy and mathematics, the wisdom of the crowd, AI, and the challenge of dealing with rapid change.
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Credits:
Music by Simon James French - https://www.simonjamesfrench.com/
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Links:
Bitcoin Prediction Market - https://www.bitcoinprediction.market/
James Pierog on X - https://x.com/BillyHongBeats
Rory Sutherland - https://www.youtube.com/watch?v=TIE6-xwv7_E
The Price of Tomorrow: Why Deflation is the Key to an Abundant Future by Jeff Booth - https://www.goodreads.com/book/show/50157837-the-price-of-tomorrow
Reality Boxes: And Other Black Holes in Human Consciousness by Ingo Swann - https://www.goodreads.com/book/show/27810694-reality-boxes-and-other-black-holes-in-human-consciousness
Frederick Soddy’s Debt Dynamics - https://economicsfromthetopdown.com/2020/09/12/frederick-soddys-debt-dynamics/
Debt: The First 5,000 Years by David Graeber - https://www.goodreads.com/book/show/6617037-debt
The Blocksize War: The battle for control over Bitcoin’s protocol rules by Jonathan Bier - https://www.goodreads.com/book/show/57429394-the-blocksize-war