Are Prediction Markets Killing Altcoins? | Scott Melker on Markets Outlook
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 28 May 2026
⏱️ 21 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | I believe that prediction markets are a sign of the end times for people's financial future. |
| 0:06.0 | Because when everybody's speculating on everything, it's not a sign that people feel healthy. |
| 0:10.1 | But so now I think that you can, with prediction markets and with being able to trade other markets on crypto casinos, |
| 0:18.4 | there's no reason to trade all coins anymore. Markets move fast. |
| 0:39.7 | Crypto moves faster. |
| 0:41.4 | From the floor of the New York Stock Exchange, |
| 0:43.8 | Kondesk's public keys tracks the money, markets, and moves shaping digital assets. |
| 1:32.7 | Scott Melker, welcome to Market's Outlook. Thank you so much for having me. Great to see you. Yeah, great to see you again. We had so much fun at Consensus. I was so excited that you're coming back on the show. Awesome. Yeah, Consensus was a lot of fun. I think that was the last day. We were really running on fumes at that point, I think. So I'm impressed. We made it through. We really were. And one of, I guess, the standout moments for me was we didn't tell any of the guests that we had those paddles or game in the desk. Yeah. And every time I was like, let's play a game. There are paddles in the desk. People looked at me with this face of like confusion and fear. And so I just want to take the opportunity to apologize. |
| 1:37.1 | I loved it. I saw those things right when we got up there. We were playing with them. We were ready. |
| 1:43.7 | Yeah, that game was called overhyped, underrated. And so I just want to have a through line to this interview. What do you |
| 1:44.9 | think is overhyped and underrated as we look at what's going on in the markets today? |
| 1:50.1 | Interesting question, actually. I think that I don't know really what's overhyped. I can tell you |
| 1:55.7 | a lot of things that are underrated. Like I'll forever think that Bitcoin is underrated. |
| 1:59.4 | I guess I have the chip on my shoulder as a Bitcoiner who's been here for a long time. |
| 2:03.6 | But seeing sort of the massive outflows and the price action, I think, you know, it's underrated by much of the world, |
| 2:09.6 | but is a massive opportunity for those of us who understand it. |
| 2:13.6 | So I'm a, you know, just a start, I think I'm a very heavy Bitcoin buyer in these areas |
| 2:18.7 | with a very long-term sort of time frame as to, you know, when it will likely appreciate. |
| 2:23.8 | And my time frame is kind of forever. |
| 2:25.3 | So I'm probably different than most people. |
| 2:28.0 | I think that overhyped maybe is some of the institutional adoption that we're seeing of stable coins and tokenization and all |
| 2:36.6 | those things. I think they're really happening. I think they're really important, but overhyped |
... |
Transcript will be available on the free plan in 19 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

