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by fwipsy 94 days ago
nit: The article you linked says half a billion, not a billion.

Death markets are banned in the US. Personally, I tend to think of this as a crypto problem, not a prediction market problem.

1 comments

It's also fundamentally something you can't really do properly in crypto. You need a central authority to decide if "thing has happened". There's no way to properly incentivize accuracy in cases where the majority of stake benefits from an inaccuracy.