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perfmodetoday at 12:26 AM1 replyview on HN

The missing piece is the distinction between a market that observes reality and a market that instigates it.

The criticism is about the systemic risk of converting prediction markets into "Assassination Markets"—mechanisms where the payout is not a reward for foresight, but a bounty for action.

In the case of Maduro, the operation cost around $300 million so a $400,000 payout isn’t providing a financial incentive.

But in the case of assassination, a $400,000 payout is sufficient motivation.


Replies

WolfCoptoday at 1:22 AM

> In the case of Maduro, the operation cost around $300 million so a $400,000 payout isn’t providing a financial incentive.

It is if you are spending someone else’s $300 million, and getting the $400,000 yourself.

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