If money isn’t worth betting, why would assets be worth betting? Aren’t assets the sorts of things you can buy with money? Maybe I don’t know what you have in mind here.
I like the idea of betting the market odds will change. But if there’s already a market for the thing I’m interested in, I can just play that market, e.g. buy stocks or calls of MSFT or something. But like I said, money isn’t my main problem right now anyway.
I was imagining a utility function for fiat with a singular limit at t=15yr, such that any bet paying out fiat is worthless. Think hyperinflation caused by it being obvious that we are facing imminent doom.
I don’t see how stocks necessarily correlate with the prediction you’re making.
Bet an asset instead of money.
Alternatively, you could bet that market odds will change significantly before then.
Concretely, you could use ETH denominated Augur for a long-term bet, or USDC for a short-term bet on odds.
If money isn’t worth betting, why would assets be worth betting? Aren’t assets the sorts of things you can buy with money? Maybe I don’t know what you have in mind here.
I like the idea of betting the market odds will change. But if there’s already a market for the thing I’m interested in, I can just play that market, e.g. buy stocks or calls of MSFT or something. But like I said, money isn’t my main problem right now anyway.
I was imagining a utility function for fiat with a singular limit at t=15yr, such that any bet paying out fiat is worthless. Think hyperinflation caused by it being obvious that we are facing imminent doom.
I don’t see how stocks necessarily correlate with the prediction you’re making.