The Holy Grail of Prediction Markets

Jeff Park on the case for prediction markets as a real hedging tool The holy grail is bringing in flows driven not by speculation, but by natural hedgers. Frontier event contracts are trying to bring in insurance, though whether that creates real hedging or just more speculative dislocation is still an open question. But there's genuine value in being able to hedge outcomes, even sports, or weather contracts that correlate to flight delays. It looks speculative on the surface, but billions of dollars move behind insuring these kinds of risks. #PredictionMarkets #Crypto #Hedging #Insurance #Trading