Happy Wednesday, Blockfolians
The Lede
Holy moly have the last 24 hours been wild. After weeks of conventional wisdom and market anticipation around a “blue wave,” the results started pouring in and, lo and behold, it was looking a lot more red.
Prediction markets started to flip to Trump and all of a sudden, that was the dominant narrative. FTX market quotes were everywhere; PredictIt went down, and everyone was calling for Nate Silver’s early retirement.
In the wee hours of the morning as the picture came clearer, things shifted yet again.
What’s clear is that the expert, pollster driven world of politics is dead forever. Will prediction markets be what comes next?
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Community Commentary
More discussion on prediction markets
This actually seems like a really big deal
A Really Big Number We Should Be Paying Attention To
69,369
That’s the number of BTC from a Silk Road associated wallet that are on the move.