Why haven’t bitcoin native prediction markets taken off on nostr?
Discussion
Predyx is taking off. What do you want them to work on?
Let me set up my own markets, nostr integration so I can set up the oracles across npubs and let me place a position via zapping
Someone needs to build it.
Looking forward to the nostr lounge. Look out for our team from bimblebit.com
Sir we can barely render a timeline still
This but also is there a good public escrow service for wagers? Seems like a solid application to launch on NOSTR
Unneeded
Because casinos and sports betting are so radically unpopular, right…
Nice to meet you 🤝😉
Gambling is high time preference?
i think...rug-pull risk is high. In nostr data is highly transparent but logic is not, moreover mutable.
Can you distribute stakes only by bitcoin script?
The open secret guys demonstrated how oracles work on nostr nearly a year ago. So this is false.
wow i didn't know. where is the project?
You'll have to search for it @mutiny is defunct for nostr:nprofile1qqsd79ejwuvz7v246danxqs3hgw7f2q4qrqz6x27je8er0nhfmykwzqpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0ea6hhh
Because we aren't degens?
- bitcoin as unit of account is niche
- bitcoin usd stables are still novel
- no oracle network
- nobody actually settles threshold dlcs
- “on nostr” is even more complicated
I don't know if there is enough demand
Do they exist? Did anyone make them? 🤔
Fedimint DLC Client plus NIP-88
https://github.com/tvolk131/fedimint-dlc-client
https://github.com/nostr-protocol/nips/pull/1681
We have the pieces, we just need to put them together
I’d like to see someone have a crack at it
Indeed, the raw ingredients for so much is here in Nostr, it would be an amazing era to be investing at early stage (Nostr has more scope for business models that actually make good margins I reckon, versus the Bitcoin-only lens m)
Let’s see!