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Ryan Sean Adams

πŸ‘€ Speaker
4484 total appearances

Appearances Over Time

Podcast Appearances

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

You have the U.S.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

leading on this, keeping media in check.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

These are information markets, and that's all true, too.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

So it's all being smushed together into one monolithic thing, and it seems to me more of a turf war than anything else.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

Sure.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

But a lot of people don't even want those.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

Do you remember, I mean, obviously, it was just over a year ago when Shane Copeland, the CEO of Polymarket, was just like raided by the feds.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

And you recall, previous to that, letters that senators like Elizabeth Warren wrote

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

about prohibiting political markets on prediction markets, right?

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

They don't like the other categories either, is my point.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

I don't think they like prediction markets or maybe just like markets as a category.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

It goes back to the conversation we've been having on Bankless about this controversy is if you like markets and you sort of respect them, then you see a place for regulated prediction markets that are free and fair and open, permissionless to everyone.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

If you don't like markets, you see all of this as bad.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

And, you know, intermixed with that, there's a whole cloud of incentives, I think, gumming up the works.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

Yeah, it's a lot to untangle here.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

One thing that does seem pretty clear about the future, though, is prediction markets and AI is product market fit.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

And we're starting to see that.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

So this is an account on Twitter, Polymarket History.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

Clodbot started printing $40,000 in a day.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

Just look at this.