December is the month when pundits make predictions for the year ahead. It’s a tiresome ritual. As George Costanza said in an infamous episode of TV’s “Seinfeld” (you know the one): “Care to make it interesting?”
Instead of interviewing “experts” or, worse, suffering my armchair prognostications about what lies ahead for crypto in 2024, let’s take a look at what the prediction markets are saying.
They may not be right, but participants in these markets are putting their money where their mouths are. So we can be fairly sure they are telling us what they really think, not what they want you to think, or what they think you want to hear. Sometimes, just the questions they ask can themselves be revealing.