Humans of Bitcoin



Prediction Markets, Decision Making, and Politics - Paul Sztorc (Part 2)

Paul Sztorc

We continue our conversation with Paul, focusing on decentralized prediction markets. Listen to see how politics and democracy could be forever changed.

Matt Aaron

Listen here or on your favorite platform

About the Episode

Paul is the godfather of blockchain prediction markets.

With a personal interest in prediction markets and it's effect on the future, I picked his brain some more.

Distributed decision making can change sports, investing, global warming, and politics.

If you have better information, you can profit. Listen as we go deep into something that could change the world.

Note, Part 1 can be listened to here.


2:25 - Godfather of prediction markets
4:04 - Use cases for prediction markets
5:35 - Making Government better
6:50 - More use cases
13:05 - Today's decisions
16:58 - On filtering ignorant policies
19:47 - Ideal political platforms
21:05 - Futarchy
23:22 - How to convince the public
24:41 - Oracles, decentralized
28:27 - Paul's upcoming sidechain project

Mentioned in the episode:
Paul's Qcon talk on oracles
Bitcoin Hivemind (more great essays)
Paul on Twitter

About the Host

Matt Aaron

Matt Aaron has been podcasting since 2013, when he launched the Food Startups Podcast.

He recently found a second love in cryptocurrency and blockchain and hasn't looked back.

His first major investment into cryptocurrency was the money he made betting on (but not voting for) that Donald Trump would win the 2016 election.

Matt believes that public blockchains and cryptocurrencies are the solution to the many problems exposed of the current banking system in the 2008 financial crisis.

A food entrepreneur, he exports exotic fruit from South America to USA.

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