A well-designed market for betting on climate change would allow the communities at greatest risk to buy insurance and literally transfer wealth from the ignorant to the knowledgeable.
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Replying to @RehsifCinimod
Not quite what I had in mind. Those look like custom contracts around one-off events. A market would offer much deeper liquidity, participation, and contract types.
2 replies 0 retweets 28 likes -
Replying to @naval @RehsifCinimod
Jon Boguth Retweeted Jon Boguth
I’ve seen one other person offering something like these bets. We’ve basically come up with shouting at random people as a market mechanism. Certainly not well designed.https://twitter.com/jonboguth/status/1197581953375051777?s=21 …
Jon Boguth added,
1 reply 0 retweets 1 like -
Jon Boguth Retweeted eigenrobot
Jon Boguth added,
eigenrobot @eigenrobotOFFER TO ANYONE i will pay you two cents on the dollar TODAY for all of your assets, to be delivered on 1 Jan 2030 pls contact me with quantities and value estimates ASAP and ill get the ball rolling with my attorney https://twitter.com/Hossgabbard/status/1197365384652955648 …1 reply 0 retweets 1 like

5:41 AM - 27 Jan 2020
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