This looks like an interesting article
Unfortunately it is posted on Medium
This makes it impossible to read any page on the Medium Web site
Please post this article again, somewhere else
Prediction market we’re working on is nothing like that: it emphasizes low-time preference, financial planning and responsibility. And of course, the bitcoins are locked in multisig-escrow, which is orders of magnitude safer than keeping money on centralized exchanges.
They should decentralize the arbiters as well. In fact, it would be incredibly useful to see a generalized arbiter platform that services like this, or bisq, or anything else that needs arbiters, can use.
This is absolutely amazing, and what people have been kinda envisioning from the beginning.
When people say "with Bitcoin you don't have customer protection like paypal" it is only a question of there not being a straightforward way to have 2-of-3 option when paying.
The fact hodl employs this strategy in allowing the bets of a betting service to run completely p2p as long as a dispute does not happen, is revolutionary. Even when dispute happens it could be considered p2p since they never have custody or access, only the right to express their opinion to the blockchain judge.