A French crypto trader just threw down a staggering $45 million on Trump winning the 2024 U.S. election. Yep, $45 million! This has got to be one of the biggest political bets we’ve ever seen, and it’s all happening on a decentralized prediction market through crypto.
What’s crazy is that these platforms allow people to make bets of this scale on real-world events without the usual restrictions you’d find on traditional betting sites. It’s a massive (and risky) move, and whether or not you’re rooting for his outcome, it shows how crypto is changing the way people engage in big events.
This bet highlights how much crypto is breaking into new territory, especially in DeFi, where you can invest, speculate, and bet on pretty much anything. With the election heating up, I wonder if we’ll see more people jumping in with bets like this.
Are we going to see more of these high-stakes political bets in crypto, or just a one-off gamble? Show Less