How to Bet on Absolutely Anything

by | Jul 29, 2018 | Newsletter | 13 comments

So, you know how decentralized technologies are making it possible to do things that were completely impossible before? Like creating uncensorable information storage and retrieval networks or circumventing the gun laws of the would-be tyrants?

Well, how about if these technologies could also allow you to bet on anything? And I mean anything.

Doesn’t sound so amazing? Well, what if we’re not talking about placing a bet on the outcome of the next Super Bowl, but the time and location of the next terror attack? Or the likelihood of the President of the United States being assassinated?

Most of us understand that betting on such things is deeply irresponsible and unethical. After all, if a gambling market creates a financial reward for those who predict an event, then it also provides an incentive to make that event happen, no matter how horrific. Why just commit a political assassination when you can also profit from that assassination?

Well, guess what? You don’t have to wait for this hypothetical prediction market to be created. It already has. It’s called Augur, and it’s currently running on the Ethereum network.

Members are invited to log in and discover James’ picks for conspiracy theories that became conspiracy facts and/or leave your own suggestions in the comments. Not a member yet? For full access to the subscriber newsletter, and to support this website, please become a member.

For free access to this editorial, please CLICK HERE.

This content is restricted to site members. If you are an existing user, please log in. New users may register below.

Existing Users Log In
   
To access this week’s edition of The Corbett Report Subscriber, please  and continue reading below.

Not a Corbett Report member yet? Sign up to BECOME A MEMBER of the website and read the full newsletter or ACCESS THE EDITORIAL FOR FREE on my Substack.


SUPPORT

Become a Corbett Report member

RECENT POSTS


RECENT COMMENTS


ARCHIVES