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Laws are indeed such. It would be kind of cool if long-term bets were possible to do, but the value of winning or losing bets far in the future is so strongly i
by JoshuaDavid 6y ago
Laws are indeed such. It would be kind of cool if long-term bets were possible to do, but the value of winning or losing bets far in the future is so strongly impacted by your personal discount rate and likelihood of living to see the outcome that making any gain off of those kind of bets is impractical pretty much no matter how sure you are.