Assassination Politics by Jim Bell \ stacker news ~tech

In 1997 the Cypherpunk Jim Bell published a essay describing the concept of an "assassination prediction market" where users can anonymously donate money on a head and users can also bet on a date of death by paying a substantial amount upfront and getting the prize if the person really dies on that date (published by an oracle).

This could free the world from corrupt politicians for example.

The Reason no good implementation exists yet is that the Assassin couldn't be sure that he really gets the prize as he can't see if previous assassins have really been paid out, so no trust in the oracle could build up.

I think with todays technology, Cashu (eCash), Nostr (for censorship resistant communication and oracle), maybe DLC's..., it could be possible to really implement it in a functioning way! Has anybody looked deeper into this, what do you think of the concept and the possibility to implement it the correct way?

Here is the original essay: https://cryptome.org/ap.htm

Two good YouTube videos explaining the concept:

0 sats \ 2 replies \ @fred 2 Feb

An assassination pool that crowdfund for an assassination cause will be exploited no matter how decentralized it's plan to be

0 sats \ 0 replies \ @03a5308755 OP 2 Feb

Also the system wouldn't be really decentralized as it needs an oracle and custodian/mint anyways, it just has to be really censorship resistant/private

How will it be exploited? The oracle stealing the money? This would just be a trust problem but trustworthy oracles would emerge I think.

Maybe also something based on Fedimint to have a distributed oracle or something like this idk