Peter Horvath: From sound money to honest odds
While Bitcoin gave us permissionless and borderless payments, prediction markets give us a way to price belief, surface hidden information, and coordinate around reality — all without asking states, media, or platforms for approval. This talk connects back to the old cypherpunk dream and shows that while it is retro, the vision is still very much alive. Turns out the frontier in freedom tech may not just be private money, but permissionless truth discovery.
Prediction markets introduce a different kind of decentralization: not of money, but of knowledge. They allow individuals to express belief with skin in the game, turning opinions into measurable signals and noise into structured information. In a world saturated with narratives, manipulation, and institutional filters, this becomes a powerful idea: truth not declared, but discovered, without gatekeepers.
From Bitcoin to systems like Zcash, the trajectory has been clear: remove trust from money. Prediction markets push this further — removing trust from information itself.
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