Have a question? Want to advertise? Something else? Contact us: [email protected]

From the Front Page

Categories: Epicenter Bitcoin

EB98 – Robin Hanson: Futarchy, Prediction Markets And The Challenge Of Disruptive Technology

Published on September 28th, 2015 by epicenterbitcoin

Click to download audio version

When Robin Hanson invented the concept of prediction markets almost thirty years ago, he felt he had stumbled on a concept with huge implications. By allowing people to bet on the likelihood of future events, prediction markets promise to allow better forecasts and better decision making.

Research into the area has been vibrant, culminating in Hanson's concept of Futarchy: A prediction-market based governance system. At the same time, the real-world applications have been few and far.

Hanson, an associate professor of economics at George Mason University, joined us to discuss his invention, futarchy and the challenges of disruptive technology.

Topics covered included:

  • How prediction markets can surface information
  • The history of prediction markets
  • How futarchy works
  • Whether futarchy could settle the blocksize debate
  • Why prediction markets failed to get wide adoption
  • How Bitcoin is facing a similar adoption challenge

Links mentioned in this episode:


  • Shapeshift: Buy and sell alt coins instantly at ShapeShift.io.
  • Hide.me: Protect your privacy and personal data with a free VPN account at Hide.me/epicenter.

Show notes



Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.

Views: 47,209


Make sure to make use of the "downvote" button for any spammy posts, and the "upvote" feature for interesting conversation. Be excellent.

comments powered by Disqus