Decentralized prediction markets
What can you do with belief markets?
Past events which are ambiguous or controversial. E.g. "Was 9/11 an inside job?" "Who killed JFK?"
Conspiracy theories. "5G can be used for mind control".
Methodology. "Scientific method is the best way to gain knowledge", "Bayesian approach is the best".
Religious. "Christian God created the Universe ~6000 years ago".
To illustrate how this works, if 25% of traders believe that 9/11 was an inside job, the price of "No" outcome on this question might be around 0.75 while the price on "Yes" might be 0.25. Somebody who doesn't believe it was an inside job might buy 133 "No" tokens for 100 pure belief market tokens, and then engage in other trades/bets with people who also do not believe that it was an inside job.