| Truthcoin satisfies 8 of the 22 requests: https://github.com/psztorc/Truthcoin my implementation: https://github.com/zack-bitcoin/Truthcoin-POW Science/Drug development: truthcoin allows for a new method of funding public goods that is far more impact per dollar than taxes. Government: http://hanson.gmu.edu/futarchy.html One million jobs: Successful traders can do it as a job. Every job that involves nothing more than decisions making can be replaced by a trader. Doctors, Governors, CEOs, various boards and counsels, Congressmen, Supreme Court Judges, etc. are all in danger of being replaced by anonymous, potentially uneducated, traders. Diversity/Developing Countries: It will give modern financial instruments to everyone with internet connection. Insurance to hedge everyone's risks. Enterprise Software: prediction markets are very unconnected today. Each business has a separate in-house prediction market built. They have to be heavily regulated.
Truthcoin makes prediction markets as available as google or facebook. Financial Services: prediction markets are a financial service. They are illegal. Use of a blockchain circumvents the law against prediction markets. |