This post contains some strong arguments for the benefits of prediction markets. Since Intrade was shut down due to legal reasons: http://en.wikipedia.org/wik

This post contains some strong arguments for the benefits of prediction markets. Since Intrade was shut down due to legal reasons: http://en.wikipedia.org/wiki/Intrade http://en.wikipedia.org/wiki/Intrade it seems like the market is wide open for a decentralized alternative.