Anthony Pompliano

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If we follow this down, I actually think prediction markets are a pretty interesting corollary to what we've experienced in crypto.

So if you go back a decade ago, everyone was talking about and there was many cases where a coin is going to get listed on an exchange and some employee knows that and they front run it.

And they go buy the coin or they change the user interface or whatever.

So it was a version of insider trading that did not require kind of the material non-public information of a public security.

It seems like that's a big topic now.

There was a big interview on CNBC today of how do you as a prediction market stop this stuff?

Because part of it is also, well, that is the value proposition.

If someone in the world knows something and so they're putting it forward and that should help with the predictability.

And so if you go back to the presidential election market, the big one, I think it was on Polymarket, the French whale, as they called him, he basically ran his own study, which was like the neighbor poll.

And he came to the conclusion, hey, the regular polls are wrong.

This is right.

Here's going to be the conclusion.

So to me, that feels like a really valuable piece of information.

Right.

And it's not insider trading.

And he brought it to the public, right?

Yeah, well, what I find interesting, I think the one they were talking about this morning is there was somebody who knew, whether it was the songs or whatever, for the halftime of the Super Bowl, because they were there for the rehearsal.

So they turn around and they tell people, which is that insider trading?