Crypto allows you to bet on Barbie versus Oppenheimer (and even on the length of the French riots)
Last Updated on 6 November 2023 by CryptoTips.eu
Although your summer dream may involve a sunny holiday destination or an exciting festival, in Hollywood the main question this summer is whether the Barbie movie (with Margot Robbie and Ryan Gosling) or the Oppenheimer film (by legendary director Christopher Nolan) will win the box office race. Thanks to crypto you can bet on almost any event. Yes, even if those riots in France will last another week.
Betting with crypto
Companies like Ladbrokes and Betfair had better pay attention to how popular crypto is becoming if they want to continue their business model. Before, you needed to enter a betting office and place a bet, but now you can just imagine any question you want an answer to, buy a crypto contract and bet on all the most important questions of the day that your generation is pondering on. All thanks to the blockchain that controls the algorithm.
Mbappé
The questions of the day are very different for millennials and GenZers than for Boomers and GenXers, of course. Cryptofans on polymarket buy a contract that pays out in case one of the following questions is answered with a yes or a no by the end of the summer:
- Will superstar Kylian Mbappé leave football club PSG this summer?
- Will Bitcoin reach a price of $50,000 by the end of the summer?
- Will Elon Musk or Mark Zuckerberg win the fight that both billionaires want to organize?
- Will Blackrock’s Bitcoin ETF be approved by the SEC by the end of August?
- And many others.
The contract you buy therefore pays out at a value of $1 per share, and depending on the underlying asset at the time, you will therefore make a profit or lose your money completely.
Titanic
One of the most important questions right now is whether the Barbie movie will gross more than the Oppenheimer movie this summer. Since the first is with Ryan Gosling and Margot Robbie and the second is a good three hours long, we believe the market is right at this point and Barbie will win that one.
what stage of capitalism is investing in someone’s death https://t.co/htK8aPmRvW
— Hurt CoPain (@SaeedDiCaprio) June 21, 2023
However, there are also controversies in these markets. For example, a few weeks ago you could bet that the Titanic submarine would be found before the air in the cabin ran out, and that is of course a bit morbid.
WE GOT A WINNER 🏆💸 https://t.co/6jKQRgBzqa pic.twitter.com/GwiWjUHDZB
— Polymarket (@Polymarket) July 1, 2023
This week you can bet on the French riots. According to the majority of voters, the French capital will still be engulfed in riots by the end of next week.