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by saghm 1962 days ago
> I bet you US$1,000 that in the year 2020, we're not even close to...a global currency collapse

Why would anyone take this bet? If you're right, then $1000 USD probably won't be worth very much after the "global currency collapse", so you'd basically be saying "I'll give you $1000 in 2020 if it's worth anything"

2 comments

To Kevin Kelly, today, $1000 is barely worth anything anyway. So he also stands to gain nothing. (And, indeed, he didn't even want the money, but asked for it to be sent to charity.)

So ask yourself the question again. Why would two public intellectuals make a public bet, when neither stands to gain any monetary benefit from it? My goodness, it's a mystery.

Good point. I would guess, since it's all moot from the perspective of the person making those predictions, the whole exercise is just a theatric flourish, meant to communicate in a more or less performative way.

The other (perfectly plausible) answer is that the part of one's brain that believes the claim, and the part of ones' brain that believes in the power of bets and value of money that make bets interesting, are brain regions that haven't reconciled with one another.