
Today, Explained discusses Polymarket, a platform that allows users to bet on various outcomes using cryptocurrency, from political events to sports. The platform's founder, Shane Copeland, aimed to create a "prediction market" to harness the wisdom of the crowd. The podcast explores the platform's rise, its brushes with legality, and its potential impact on politics, including concerns about corruption and the erosion of trust in elections. It also touches on the Trump administration's relationship with prediction markets and the potential for insider trading.
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