“I think markets are fundamentally a better source of truth than media or narratives.”
– 1confirmation founder
Nick Tomaino, anticipating prediction markets (
e.g.) will become a go-to source of ‘truth’ as faith in legacy media and government erodes. “People with skin in the game that are speculating on outcomes—I think that can bring a lot more truth to the world,” says the Peter Thiel-backed venture capitalist unironically of his wretched casino-like future.