4 ms·
"What are President tokens? President tokens are ERC-20 tokens that will be redeemable for either $1 or $0 based on if Trump wins or loses the Presidential elec
by pigtailgirl 4y ago
"What are President tokens?
President tokens are ERC-20 tokens that will be redeemable for either $1 or $0 based on if Trump wins or loses the Presidential election. These markets act as tradeable prediction markets where the market price of TRUMPWIN should be roughly equal to the probability that Trump will win the election and the market price of TRUMPLOSE should be roughly equal to 1 minus that probability. TRUMPWIN and TRUMPLOSE are based on the President 2020 Futures Contracts on FTX."
jfc...
- libraryatnight 4y agoSomeone just mint the Camacho coins already
- RantyDave 4y agoCamacho was a good president. He knew he was out of his depth, sought the best advice he could and was willing to take politically difficult risks for the good of his people. Unlike, say....
- SnowHill9902 4y agoThat’s actually very useful. It’d allow one to hedge risks with new synthetic derivatives instead of creating weird proxies with stocks.
- UncleMeat 4y agoI, for one, do not like the trend of the financialization of everything. It is surveillance capitalism times 1000. Where all human behavior becomes an object to bet on.
- pigtailgirl 4y ago-- dont have issue with the coin - "jfc smh" FTX was holding it - such a strange bet --