Summary
TLDR: Crypto-based betting platform shows 7% chance of Columbia President being ousted in April, with shares trading at 7 cents.
Key Points
1. The probability of Minouche Shafik being ousted as Columbia President in April is currently estimated at 7% based on trading of “yes” shares on a crypto-based betting platform.
2. Each contract on the platform pays out $1 if the prediction of Shafik’s ouster is true, and zero if it is false.
3. The market dynamics and trading activity on the platform indicate a level of uncertainty and speculation surrounding the potential outcome of Shafik’s position as Columbia President.