[extropy-chat] Futures idea game (was Nano-assembler feasibility - politics)

Eugen Leitl eugen at leitl.org
Sun Apr 4 18:01:43 UTC 2004

On Mon, Apr 05, 2004 at 03:45:12AM +1000, Alejandro Dubrovsky wrote:

> No, you are misreading the bet.  The bet pays x cents where the feynman
> prize is claimed on the year 2000 + x, so the fact that the bet is at
> 21-25% means that market beleives the prize will be claimed between
> 2021-2025.

Color me clueless, I never understood what the point of idea futures was.
Clearly the market can't predict better than single individuals, I can also blow my
money on the roulette wheel, and with better odds at that probably.

Getting people interested in their future?
Creating a future mirage enticing enough to invest? 

Somebody please tell me.

Eugen* Leitl <a href="http://leitl.org">leitl</a>
ICBM: 48.07078, 11.61144            http://www.leitl.org
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http://moleculardevices.org         http://nanomachines.net
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