Wednesday, August 8, 2018

Repugnant prediction markets on a blockchain (Augur)

Augur is a decentralized (i.e. unmoderated) prediction market, built on a blockchain.  Somewhere there is a fundamental law of internet that says that anonymity leads to bad manners, and for a prediction market, that means death pools.

Here's the story from CCN, a news service that focuses on cryptocurrencies and blockchains:

Assassination Markets Let Augur Users Gamble on Trump Murder

"this market exists, and, though not the most popular bet on Augur, more than 50 shares have been traded on it as of the time of writing. Similar markets, moreover, exist for a number of other public figures, allowing users to gamble on whether 96-year-old actress Betty White and U.S. Senator John McCain — who has been diagnosed with brain cancer — will survive until Jan. 1, 2019."
********

Earlier, see

Monday, September 7, 2009

HT: MR

No comments: