Jeremy Gardner from Augur - CoinCongress 2015

Here's a summary of the MB episode transcript:

1. Main Topics Discussed:

Decentralized Prediction Markets: Auger is building a platform for peer-to-peer betting on the outcome of events, eliminating central points of failure.
How Prediction Markets Work: Prices of shares (ranging from a penny to a dollar) reflect the perceived probability of an event's outcome.
Augur Token (Reputation): A token distributed through a crowd sale that incentivizes users to report on event outcomes, acting as an oracle system.
Oracle System & Consensus: Auger uses a distributed consensus mechanism instead of relying on a single third-party oracle to determine outcomes, preventing manipulation and single points of failure.
Crowd Sale & Future Development: Details about the token sale, security audits, and a testing period before the full market launch.
Platform Accessibility: Anyone can create markets, although legal restrictions apply.

2. Key Quotes:

"The way you can think of a decentralized prediction market is really just like a pure-to-peer betting platform with no central point of failure."
"So it's cheaper to buy shares in things that people think won't happen and more expensive to buy shares in things that people think will happen."
"We want to get it to the most optimal level that it can be because it's a decentralized system and once it's live, you know, there's no going back."

3. People Mentioned:

4. Bitcoin Price:

Summary Length: 279 words.

Summary