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TFTC: A Bitcoin Podcast

#552: How Bitcoin Could Predict The Next Global Conflict with James Pierog

108 min • 4 november 2024

Marty sits down with James Pierog to discuss Bitcoin Prediction Market.


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/

Coinkite

https://coinkite.com/

Zaprite

https://zaprite.com/tftc

Salt of the Earth

https://drinksote.com/tftc



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