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Assassination Politics (by Jim Bell) + Bitcoin = ?

6 pointsby mike_esspeabout 14 years ago

3 comments

yummyfajitasabout 14 years ago
The difficulty with an "assassination market" is that markets facilitate the transmission of information to everyone.<p>Suppose an assassin wishes to purchase futures for, e.g., Obama dead on 5/15. If she purchases more than the normal amount of Dead Obama 5/15 Futures (DO515F), there will be a price impact. All of a sudden, the price of DO515F will spike and an observer will conclude there is an elevated probability of assassination on 5/15.<p>A system designed to disseminate information as widely as possible is not that useful for conspiracies.
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mike_esspeabout 14 years ago
Original essay: <a href="http://www.outpost-of-freedom.com/jimbellap.htm" rel="nofollow">http://www.outpost-of-freedom.com/jimbellap.htm</a>
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flashgordonabout 14 years ago
Sorry but where do bitcoins come in all this? Neither the wikipedia page or any of the comments here mention bitcoin (until now).