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It is kinda wild. I think I saw it shared here, but there was a video of someone basically saying prediction markets could replace delivery services. Instead of paying uber eats for delivery, you have a market for whether you will receive a certain item on a certain day. This incentivizes people to take yes at favorable odds then complete the task.
Obviously it’s hyperbolic and an extreme example, but it does make sense in theory. Same could apply to assassinations
I found it on Instagram by searching google: https://www.instagram.com/reel/DSDvhsjj_Ob/
That's some funny reverse psychology shi. Like, "I bet you're not gonna cook me a 7 course steak dinner!" "Oh yeah? Just watch!"
The possibilities are endless
Instead of paying uber eats for delivery, you have a market for whether you will receive a certain item on a certain day.
that seems a little ridiculous. prediction markets work better when lots of people and liquidity are concentrated on a few questions that interest everybody, not fragmented to lots of questions that each interest almost nobody.
Yes. That’s why I said it’s an extreme, hyperbolic example
I feel like it would be very hard to police consistently. If you refuse to pay out due to someone being killed, what if a sports team loses a championship game because one or their players was killed? It seems impossible to draw clear boundaries on what events will be paid out and what won't
A lot of events are interconnected though, and people will argue over that word "plausibly". and this adds another layer of uncertainty to the resolution criteria.
Not that I think that'll stop any degens from yoloing into the prediction markets
Oh yeah. But they're having their cake and eating it too, since "this despot will be out of power" basically walks up to the assassination line and sticks a toe over it.
I suspect they're trying to prevent assassination markets from forming indirectly. Assassination markets scare the bejesus out of me.