Incentives & Illusions in Prediction Markets | Bitcoin 2026
Prediction markets are "a new form of media" on par with the printing press and most of the world doesn't realize it yet. At the Bitcoin 2026 Conference, Bitcoin Magazine Pro's Matt Crosby sits down with LayerTwo Labs founder Paul Sztorc (a prediction market advocate on Bitcoin since 2013) and University of Oregon mathematician Micah Warren. They walk through why Polymarket and Kalshi are barely scratching the surface, the under-explored power of conditional "if-then" markets, and why Bitcoin self-custody is the natural foundation for the next generation of prediction markets.Trade Bitcoin's next move on Duelbits Predict — get 100% cashback on your first bet, up to $100. Bitcoin Magazine exclusive. 👉 bitcoinmagazine.com/duelbits-predict
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🔶 Moderator: Matt Crosby - Bitcoin Magazine Pro
🔶 Paul Sztorc - LayerTwo Labs, Inc.
🔶 Micah Warren - University of Oregon
🔶 Derek Orr - Predyx
Chapters:
01:00 — What Is A Prediction Market? Paul Sztorc's New-Media Framing
03:00 — Why Prediction Markets Beat Polls: Micah Warren On Skin In The Game
05:00 — Prediction Markets vs. Gambling: The Positive-EV Difference
07:30 — Why Bitcoin Spot Markets Already Function Like Prediction Markets
11:00 — Hivemind Drivechains: Self-Custody Prediction Markets On Bitcoin
15:00 — Conditional Markets: The Under-Explored Frontier ("If We Did X, Would Y Happen?")
19:00 — Manipulation, Market Resolution & Oracle Problems
22:00 — Multidimensional Markets & Real-World Policy Applications
25:30 — Gambling Addiction Risk & The Next 10 Years Of Prediction Markets
#Bitcoin #PredictionMarkets #BitcoinPredictionMarkets #PaulSztorc #MicahWarren #MattCrosby #LayerTwoLabs #Hivemind #Drivechains #UniversityOfOregon #BitcoinMagazinePro #BitcoinConference #Bitcoin2026 #BitcoinMagazine #ConditionalMarkets #Futarchy #DecisionMarkets #Polymarket #Kalshi #ElectionBetting #SportsBetting #ScopeInsensitivity #BitcoinCollateral #SelfCustody #RobinHanson #HalFinney #SoundMoney #BitcoinAdoption #Decentralization
DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions. Receive SMS online on sms24.me
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