Bitcoin Is Stuck. Prediction Markets Are Exploding

World Cup bets are moving on-chain — but who decides the truth when the result gets complicated? In this interview, Chainlink’s William Reilley explains why prediction markets are becoming one of crypto’s biggest real-world tests. From football scores and penalty shootouts to disputed political events and markets that depend on exact wording, the conversation explores a simple but crucial question: what happens when smart contracts need to settle messy real-world outcomes? We also discuss why prediction markets could become more than just betting platforms — and how future financial products may be built on top of them. 00:47 — World Cup Bets Are Going On-Chain 01:57 — What If Crypto Pays the Wrong Winner? 03:00 — Why Real-World Outcomes Break Simple Markets 04:15 — The Fine Print That Decides Who Gets Paid 05:30 — Prediction Markets Have a Truth Problem 06:05 — Why Oracles Could Decide the Future of Prediction Markets 07:56 — The Questions Crypto Still Can’t Answer 08:44 — Turning Prediction Bets Into Financial Assets #bitcoin #crypto #news Follow COINTELEGRAPH: Website: https://cointelegraph.com/ Telegram: https://t.me/cointelegraph Facebook: https://www.facebook.com/cointelegraph Twitter: https://twitter.com/cointelegraph Mobile app: https://linktr.ee/cointelegraph_mobile Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.