30 sats \ 8 replies \ @Undisciplined 11 Apr \ parent \ on: Stacker Saloon
Exactly. There are quite a few implications like that. Maybe I'll write up a post about it tomorrow to see what other people think about it.
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60 sats \ 3 replies \ @ek 11 Apr freebie
Are you talking about futarchy or something similar?
When delphi.market and more territory policies are live, I might rename ~oracle to ~futarchy and then we can run our own little futarchy on SN šŸ‘€
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110 sats \ 2 replies \ @Undisciplined 11 Apr
It is similar, but without the part where you trust politicians to "formally define and manage an after-the-fact measurement of national welfare".
What I'm talking about is just bidding on the outcomes you want. Voting is cheap talk, while this is a costly signal. If anyone can appreciate why that matters it's the SN team.
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60 sats \ 1 reply \ @ek 11 Apr freebie
Take all of my cheaply earned sats to confirm my biases.
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20 sats \ 0 replies \ @Undisciplined 11 Apr
Basically, but this way the winners pay a price for imposing their preferences on everyone else.
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5 sats \ 3 replies \ @Bell_curve 11 Apr
Iā€™m curious about the mechanics and rules etc
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10 sats \ 2 replies \ @Undisciplined 11 Apr
It would basically work by pledging money towards the outcomes you want to see: i.e. $1000 on Biden losing, $100 on RFK winning, etc. Whichever outcome happens, that's what you pay.
I misspoke earlier. It's not an all-pay auction. I hadn't thought about this in a while and forgot exactly how it works.
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5 sats \ 1 reply \ @Bell_curve 11 Apr
Prediction markets?
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10 sats \ 0 replies \ @Undisciplined 11 Apr
Except this would be how the outcome of the election is determined. That's why it's basically an auction.
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