Building Tomorrow, Ep. 10: Augur(ing) Assassinations

202 views · Published 6 September 2018 · 45:33 · Indexed 1 November 2026

Channel: Libertarianism.org · 2018 · News & Politics

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Augur represents a new type of prediction market. It's decentralized nature allows users to stay anonymous, which may pose a threat to law enforcement or other state agents if the bets placed are threatening in nature. Right now, it only has a small number of users, but it has the potential to gain traction.

In these prediction markets you have the ability to place a bet, using a type of cryptocurrency, on a future action such as; whether a Supreme Court nominee will be appointed by a certain date in time. However, Augur may also host betting schemes that may seem "unsavory" to some Americans, like predicting when someone could die, otherwise known as an assassination market.

What is Augur? What is a prediction market? What can you bet on? Is Augur regulated? Are people placing bets on if certain public figures would be assassinated? Aren't there already black markets for assassins? What kind of effects will technology like Augur have?

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