‘Earlier this month, the non-profit Forecast Foundation launched its Augur protocol on the Ethereum network in a bid to create the first blockchain-based betting platform. Now, Augur is hosting several wagers where users bet on when a public figure will die, with a pot of digital money going to whoever makes the correct guess. This type of betting is referred to as an “assassination market” because it arguably incentivizes someone to guarantee a win by offing the person themselves.
On the Augur marketplace, Motherboard found open bets on the deaths of a number of public figures, including Betty White, Donald Trump, Jeff Bezos and Warren Buffett. Other events were also bet on as well, such as whether SpaceX will complete a crewed flight beyond Earth orbit this year. Most of these betting pools had few or no bets on the books at the time of writing, but some betting pools, including one predicting Donald Trump’s death this year, had dozens of trades.
These prediction pools are called assassination markets because they arguably incentivize bettors to make their predictions come true by taking matters into their own hands. Cryptoanarchist Jim Bell introduced the concept in a paper called “Assassination Politics” in the mid-1990s. Bell imagined that the anonymity afforded by modern encryption techniques and the advent of digital money would allow for political assassinations to be incentivized and carried out anonymously.
Cryptocurrencies like Bitcoin and Ethereum have arguably created a perfect environment for Bell’s assassination politics to take shape….’
Via Motherboard
‘Earlier this month, the non-profit Forecast Foundation launched its Augur protocol on the Ethereum network in a bid to create the first blockchain-based betting platform. Now, Augur is hosting several wagers where users bet on when a public figure will die, with a pot of digital money going to whoever makes the correct guess. This type of betting is referred to as an “assassination market” because it arguably incentivizes someone to guarantee a win by offing the person themselves.
‘It feels like it was only a matter of time before Robert Mueller started investigating Donald Trump’s tweets. And it seems that time has come. The New York Times reports that the special counsel “is scrutinizing tweets and negative statements” from the president about James Comey and Jeff Sessions. Specifically, Mueller reportedly wants to know if Trump’s behavior adds up to obstruction of justice. Boy, there sure are a lot of tweets, too.
‘Climate change is a public health crisis from its impacts on air quality to wiping out the healthcare systems we need to stave off sickness. Even the air conditioning we’ll need to beat the heat is likely to make things worse.
‘The evidence just keeps piling up: Democrats are in a good position to take the House in the 2018 midterm elections. …’
‘Supervolcanoes sound terrifying, but the risks they pose don’t usually match their fearsome reputations. Yellowstone in particular often makes its way into headlines, as every earthquake swarm or change in geyser activity spawns unfounded rumors of an apocalyptic eruption.