Return-Path: Received: from smtp1.osuosl.org (smtp1.osuosl.org [140.211.166.138]) by lists.linuxfoundation.org (Postfix) with ESMTP id 602B3C000A for ; Fri, 16 Apr 2021 03:39:40 +0000 (UTC) Received: from localhost (localhost [127.0.0.1]) by smtp1.osuosl.org (Postfix) with ESMTP id 449B08421E for ; Fri, 16 Apr 2021 03:39:40 +0000 (UTC) X-Virus-Scanned: amavisd-new at osuosl.org X-Spam-Flag: NO X-Spam-Score: 1.101 X-Spam-Level: * X-Spam-Status: No, score=1.101 tagged_above=-999 required=5 tests=[BAYES_60=1.5, DKIM_SIGNED=0.1, DKIM_VALID=-0.1, DKIM_VALID_AU=-0.1, DKIM_VALID_EF=-0.1, FREEMAIL_FROM=0.001, FROM_LOCAL_NOVOWEL=0.5, RCVD_IN_DNSWL_LOW=-0.7, RCVD_IN_MSPIKE_H4=0.001, RCVD_IN_MSPIKE_WL=0.001, SPF_HELO_PASS=-0.001, SPF_PASS=-0.001] autolearn=no autolearn_force=no Authentication-Results: smtp1.osuosl.org (amavisd-new); dkim=pass (1024-bit key) header.d=protonmail.com Received: from smtp1.osuosl.org ([127.0.0.1]) by localhost (smtp1.osuosl.org [127.0.0.1]) (amavisd-new, port 10024) with ESMTP id niZjd2tFRWx0 for ; Fri, 16 Apr 2021 03:39:39 +0000 (UTC) X-Greylist: domain auto-whitelisted by SQLgrey-1.8.0 Received: from mail-40130.protonmail.ch (mail-40130.protonmail.ch [185.70.40.130]) by smtp1.osuosl.org (Postfix) with ESMTPS id 0208C83CAE for ; Fri, 16 Apr 2021 03:39:38 +0000 (UTC) Date: Fri, 16 Apr 2021 03:39:27 +0000 DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=protonmail.com; s=protonmail; t=1618544375; bh=OgcLsjT9e4UKkYrAFbmNR7JgzsrZN4Fgq5UP3OoDeUs=; h=Date:To:From:Reply-To:Subject:In-Reply-To:References:From; b=H6nsDbDJEMz48ZuFasGbmEuiEpP11ItWU4hl5w3c4tXMcIyNc8sh1VD/wWg7vpvrF cY/uiNUdtwTX9jDJKpuXMBOotJFu9gaiupHMDBEpIrk36bpTU2aZKNAeW+xauoCFHb b8xCIjPKKky9G0ECpdkvn1WAHKIwpQ2r4scbuql8= To: Prayank , Bitcoin Protocol Discussion From: ZmnSCPxj Reply-To: ZmnSCPxj Message-ID: In-Reply-To: References: MIME-Version: 1.0 Content-Type: text/plain; charset=utf-8 Content-Transfer-Encoding: quoted-printable Subject: Re: [bitcoin-dev] Prediction Markets and Bitcoin X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.15 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Fri, 16 Apr 2021 03:39:40 -0000 Good morning Prayank, > I think prediction markets or such tokens might help in adding to the inf= ormation we already have however they don't decide or replace anything. Bit= coin development should impact such markets and not the other way around.= =C2=A0 "Human behavior is economic behavior. The particulars may vary, but competi= tion for limited resources remains a constant. Need as well as greed have f= ollowed us to the stars, and the rewards of wealth still await those wise e= nough to recognize this deep thrumming of our common pulse. " -- CEO Nwabud= ike Morgan, "The Centauri Monopoly", *Sid Meier's Alpha Centauri* This is the tension between the necessary freedom of discovering strange ne= w techniques, and the exigencies of life, where every joule of negentropy i= s a carefully measured resource. Of course development must be free to do what is best technically, and to e= xperiment and see what other techniques are possible or workable. Thus the market must follow development. Of course the people ultimately funding the development must impose what di= rection that development goes to, after all, it is their money that is bein= g modified. Thus development must follow the market. It is the negotiation of the two that is difficult. Overall, I think a lot of the developer arguments are reasonably clear --- = what is unclear is what the market wants, thus I think prediction markets a= re something that are needed in order for the negotiation between these two= aspects to advance. Regards, ZmnSCPxj