Hedge fund manager profited from death arbitrage.

[rysiek@hackerspace.pl (rysiek)]

Dnia Å?roda, 17 sierpnia 2016 14:01:02 CEST Zenaan Harkness pisze:
> On Tue, Aug 16, 2016 at 09:07:59PM -0600, Mirimir wrote:
> > On 08/16/2016 12:09 PM, jim bell wrote:
> > 
> > <SNIP>
> > 
> > > AP ('Assassination Politics';  https://cryptome.org/ap.htm  ) can
> > > be considered to be 'death arbitrage' with a few key differences:
> > > The person who will die isn't part of the agreement, and doesn't
> > > profit when the initial deal is struck, nor later.
> > 
> > Ah, but someone with a huge bet on their death could commit suicide, and
> > so their estate would profit. Or is that against AP rules?
> 
> "The rules" are the rules formed in the respective contracts, presumably
> - how could it be any other way?
> 
> Therefore unsuccessful or "gamed" contracts would be the fodder of
> lessons learnt for future contracts in the competitive market for
> assassination contracts, which is that which AP presupposes...

Yeah, because that approach worked so well for The DAO. :)

-- 
Pozdrawiam,
MichaÅ? "rysiek" Woźniak

Zmieniam klucz GPG :: http://rys.io/pl/147
GPG Key Transition :: http://rys.io/en/147
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