thimbronion: gregorynyssa: prediction market
gregorynyssa: when bringing up the subject of prediction-markets I always think of this: https://vimeo.com/9262193
thimbronion: I hadn't seen this. Really the first time I've seen Moldbug on video actually.
BingoBoingo: In its time, Bitbet was clearly the best of its breed. Don't know of an imitators at all that merit any mention
asciilifeform: BingoBoingo: i'm not aware of bbet having had anyffin that could be described as competition. ( out-of-wot ?!? rubbish imho hardly could count.. )
BingoBoingo: Well, there was the one heathen offering that died when they shilled the BFL bet as a yes because they offered Luke-JR something to ssh into
BingoBoingo: but yes, big rubbish field
asciilifeform: BingoBoingo: there were 'over 9000' heathen offerings, but from my pov all same thing
asciilifeform: sorta like how in my pov all heathen isp 'same thing' etc
BingoBoingo: None of the surviving heathen offerings do the clean parimutual pile of money versus pile of money wagering. All clones of "sportsbook" or retarded prediction markets.
asciilifeform used bbet while it existed, and bet (and mostly lost) plenty of coin, and since then iirc not once thought 'hm i wish there were a bbet ~today~ i could burn coin in'
thimbronion: yes, well, it was certainly fun to watch *others* burn coin.