16/11/2024 –, Finney Stage
Hodl used to mean not day trading, now it means not spending. Bitcoin needs novel use cases to incentivize spending. Speculation, via prediction markets, can provide a new incentive for no-coiners to adopt and spend Bitcoin over Lightning, and can provide a positive benefit for everyone in the form of forecasting of the future.
James Pierog is Co-Founder and CEO of Bitcoin Prediction Market, a Wolf-backed company. He graduated with a degree in Mathematics and Computer Science from Yale-NUS. He studied philosophy under Andrew Bailey, co-author of Resistance Money, and his undergraduate thesis was on applying infinite groups to post-quantum cryptographic protocols.