BitBet is THE prediction market, which means it’s basically a megaphone.

kakobrekla: Yeah should prolly bump the initial bet to .1 instead. mircea_popescu: The problem I see is this : forcing bets removes their signalling capacity. If I increase the minimum I just remove meaning from money. kakobrekla: How is it more forcing than now? mircea_popescu: Now it’s just 0.01, which means we suck the meaning […]