sipa changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | http://bitcoin.ninja/ | This channel is logged. | For logs and more information, visit http://bitcoin.ninja
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<itsme__> Donate me please for new PC!)"156T9eSZCFjZixrjUxFzz9K2DrnWnXHuJg".Sorry and thanks)
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<fluffypony> itsme__: no.
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<itsme__> Donate me please for new PC!)"156T9eSZCFjZixrjUxFzz9K2DrnWnXHuJg".Sorry and thanks)
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<kanzure> so this is what merkle is up to? hmph... freitas should hit him over the head with a broom.
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<kanzure> ouch, freitas reviewed this apparently? why.
<kanzure> this is awful. this is way off the deep end.
<kanzure> prediction markets have a "grouding problem" (i'm not sure how widely known this is)
<pigeons> is a "grounding problem" where you can stand to win a lot more than it costs to influence the outcome?
<kanzure> no, no. it's more related to evaluation, semantics, proving that two predictions are the same or not, etc.
<kanzure> and outcome evaluation
<pigeons> ok. i think there are many acknowledged problems with such markets, I'll look into that one
<kanzure> merkle's paper is severely lacking of a null hypothesis (governance doesn't work beyond some small number of folks, if even then; or the null hypothesis should be "politics is a bad idea" or something).
<kanzure> and there is no good reason to assume that crowds are better at maintaining mission integrity... bleh.
<pigeons> but they "swarm"!!
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