CFTC Chair Considers Predictable Markets

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prediction market

CNBC

•

Business

Business & Economics

Coinbase CEO Brian Armstrong: Prediction markets are emerging as 'an important source of truth'

Summary

Nutrition label

56% Informative

I think people are going to use prediction markets to figure out what's actually happening in the world. I actually think of it as an alternative to the New York Times or something. I'm fascinated by all of it because I'm watching, for example, the whole Argentina president, Malay Libra , apparently.

That's the thing that just seems so different about this world than maybe and maybe the stock market is more mature today than than than, than what we've seen before.

I do think we're in a early stages of this industry. So a lot it's the Wild West a little bit like with meme coins right now. And there's there's good that comes with that, which is a lot of innovations happening.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful