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Perhaps if they would publicly make bets on prediction markets about their claims, that could help? What would qualify as skin in the game? Refinancing their h
by rhizome 8y ago
Perhaps if they would publicly make bets on prediction markets about their claims, that could help?
What would qualify as skin in the game? Refinancing their home to buy bitcoins? That would be something, for sure.
- drdeca 8y agoI would imagine that it is more of a question of degree than a yes/no thing. Also, simply purchasing the coins seem to me to say less than actions in a prediction market could. If someone claims to believe that the price will be above a particular quantity at a particular point in time, buying some of the good doesn't really reflect that exact belief, only that they believe that the price will go up on some timescale. A bet that the price will be above a particularly quantity at a particular time more clearly indicates that they believe that it will be above that quantity at that time, I think.