yosats on Nostr: Polymarket has gained quite a popularity and I always had a feeling that there is ...
Polymarket has gained quite a popularity and I always had a feeling that there is something interesting to unpack. Currently I use it as media as people actually put their money where their mouth is.
Yesterday I stumbled upon the concept of futarchy. As weird as it sounds, I actually think it’s a superior way of governance.
Ofc there is a lot of figure out, but it’s the first system of government I can think of where the incentives actually align more or less. It’s fair, everyone can participate, experts are rewarded and information is aggregated in the market.
What do you think?
https://www.youtube.com/watch?v=xA27x7GRMZQ
Yesterday I stumbled upon the concept of futarchy. As weird as it sounds, I actually think it’s a superior way of governance.
Ofc there is a lot of figure out, but it’s the first system of government I can think of where the incentives actually align more or less. It’s fair, everyone can participate, experts are rewarded and information is aggregated in the market.
What do you think?
https://www.youtube.com/watch?v=xA27x7GRMZQ