Remix.run Logo
echelon 2 hours ago

It's also going to lead to assassination markets, either directly or indirectly.

> "Johnny CEO will be alive in 2027"

That might be banned from platforms (though not illegal), but this isn't:

> "Jonny CEO is the primary reason ComanyAbc stock is so overheated. CompanyAbc stock will close above X market cap on December 31, 2027."

That is an indirect proxy for assassination.

There are multiple things that could happen here:

- Assassin(s) place bets for outcome favored by assassination, then assassinate.

- Rival(s) place bets for outcome that do not favor assassination to either claim lack of responsibility or to attract bad outcomes. They might publicly announce it, then quietly work on implementing the outcome or let it arise naturally to take the other side of the bet.

I can think of a number of CEOs, politicians, and world leaders where this would put them in the crosshairs and make market participants very wealthy.

Even the "X candidate wins Y election" outcomes are subject to this.

Esophagus4 2 hours ago | parent [-]

> That might be banned from platforms (though not illegal)

They are currently trying to fix this: https://www.hickenlooper.senate.gov/press_releases/hickenloo...

bdangubic 2 hours ago | parent [-]

chances of that passing are roughly in-line with chances of passing a bill to prevent our congressmen and senators from insider trading (you can also bet this as well :) )