Biden vs. Lettuce (The Truth)

Spoiler: Lettuce won. August 16, 2024 [WEBSITE]( | [UNSUBSCRIBE]( If you’re going to invest in the “picks and shovels” of prediction markets, crypto is in the pole position. Biden vs. Lettuce (The Truth) CHRIS CAMPBELL Dear Reader, It’s July 19, 2024. 200,000 people are watching a livestream to see if a head of lettuce would outlive Joe Biden. As usual, news outlets missed approximately one million opportunities for lettuce puns. (It was, after all, the ultimate test for Biden’s ability to romaine calm under pressure.) But hidden behind the leaves was a story of a new kind of market emerging - one fit for the age of information. Yes, I’m talking about the growing influence of prediction markets. More on that in a moment. FIRST, if you missed James’ big reveal yesterday - where he introduced readers to his #1 A.I. guy “The Chairman” - no worries. Our team just whipped up a replay for Altucher Confidential readers. [You can find it right here at this link.]( (Click it - watch the first 23 seconds. I give it a 94% chance you’ll be intrigued.) Now, back to the show. Lettuce Liz For the record, this meme first started across the pond. During the 2022 Liz Truss admin in the UK, a running joke emerged that the shelf life of a head of lettuce would outlast her government. On 18 October 2022, the Daily Star further ran a headline titled "Lettuce Liz on Leaf Support" . As the livestream continued, a pair of googly eyes and a blonde wig were put on the lettuce, followed by fake feet and hands and glasses. Alas for Liz… The lettuce claimed victory. Inspired by this, the Biden bet began on Friday July 19, as the pressure mounted for Biden to step aside. This time, it was on Polymarket, the crypto prediction betting site. Now, I have yet to confirm this for myself… But the running assumption was that a head of lettuce typically lasts about 10 days. Biden didn’t make it that long. He announced his withdrawal from the race on July 22nd, well before the July 28th deadline. Interestingly… Traditional media was still debating Biden's fitness for office while prediction markets were already pricing in his withdrawal. While silly on first glance… It's a sign that prediction markets are gaining popularity - and ready to harvest some serious profits. Did You Miss The Chairman's Video? On Thursday night, The Chairman shocked thousands of our subscribers. Taught us about [a massive AI catalyst set to mint unprecedented wealth on August 23rd.]( And shared [a never-before-seen strategy]( that could help you capitalize on this perfectly. [Click here for]( FULL replay]( the Chairman’s Meeting](. A Crypto Story Indeed, Polymarket isn't just about elections. Users are betting on everything from sporting events and legal outcomes to Fed rate decisions and even who the next James Bond will be. This reveals the potential for prediction markets to become a go-to source for forecasting across multiple domains. If you’re going to invest in the “picks and shovels” of prediction markets, crypto is a good place to look. Consider why. Immutability: Blockchain ensures that once a prediction is made, it can't be altered. No more disputes over who said what when. Transparency: Every transaction is visible on the blockchain. You can't hide bad bets or manipulate the market behind closed doors. Accessibility: Got $10 and an internet connection? Congratulations, you're now a player in the global prediction market. A farmer in India can bet on U.S. election outcomes if they think they have insight. (Obviously, crypto regulations are the bottleneck for now.) Smart Contracts: These automate payouts based on outcomes. No middlemen, no delays, no disputes. Now, the big question. How to Invest Thing is, the growth of prediction markets is closely tied to the growth of blockchain. And the intersection of crypto and prediction markets is one area you aren’t going to want to ignore. → Crypto has about 500 million users around the world. No small number. → Ethereum-based prediction markets have shown transaction costs as low as 1% of the traditional betting industry. Our Early Stage Crypto Investor readers have one way to play the rise of prediction markets. (If you’re a member, you’ll see more info on that in today’s weekly ESC update.) We’re also keeping our eyes peeled for other opportunities in this space. Stay tuned. Enjoy your weekend, Chris Campbell For Altucher Confidential Rate this email Like Dislike Thanks for rating this content! Looks like something went wrong. Please try to rate again. Could Elon Musk’s New Project be worth trillions of dollars? Elon Musk has predicted that his new venture “[X-9840” could be “a multi trillion dollar company…”]( As big as Microsoft… Apple…and Nvidia… Companies gave their early investors a chance to become millionaires over the long term, starting with just $1,000. [Click here to see the details]( because this has nothing to do with electric vehicles…Self-driving cars, rockets, brain chips, or satellites. ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@altucherconfidential.com. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Altucher Confidential is committed to protecting and respecting your privacy. We do not rent or share your email address. Please read our [Privacy Statement.]( If you are having trouble receiving your Altucher Confidential subscription, you can ensure its arrival in your mailbox by [whitelisting Altucher Confidential.](