I have come to think it's a very relevant question and you can better weight people's opinions having an idea of how many Bitcoins they hold (or do not hold.) So Instead of asking their opinion on bitcoin, I'm now asking every participants the same question:"Never ask anyone for their opinion [...] Just ask them what they have -or don't have- in their portfolio"
Skin_in_the_game, I actually haven't answered this question yet, but I'm happy to.Hello Tony
I was re-reading Antifragile by iconoclast thinker Nassim Taleb recently. He writesI have come to think it's a very relevant question and you can better weight people's opinions having an idea of how many Bitcoins they hold (or do not hold.) So Instead of asking their opinion on bitcoin, I'm now asking every participants the same question:"Never ask anyone for their opinion [...] Just ask them what they have -or don't have- in their portfolio"
- Do you mind to tell us which percentage of your personal net worth and/or liquid assets you hold in Bitcoins ?
Edit: Nevermind, I saw somebody already asked the question.
Rob,Hi Tony,
What would be your advice for Augur Market Makers - when it comes to promoting the markets they have created.
Especially when comes targetting the average Joe to use the system.
Thanks,
Rob
This is an interesting question as the first phase of our marketing strategy specifically focused on the crypto-community, academia and those with pre-existing interest in prediction markets. These audiences completely get the project, it's when we deal with anyone outside of this realm where things get dicey. A good example is how many LinkedIn requests I've received from people who think we are anything from a predictive analytics company to a straight up remittance company (no idea how they got that one).What challenges if any have you guys faced with getting the general public to understand the idea and benefits of a prediction market?
Regarding the first question, our goal is to target the right audience for early support at this time and there hasn't been much reason to believe that traditional journalists (who I would classify as pundits) would be keen on using our platform for data until it is fully realized and proven. This will eventually be a goal, but not in the short-term.@tony, appreciate all you are doing in this space!!
Questions:
What are you currently doing to encourage journalist to use prediction market data instead of the old and warn out "poll" methods they currently deploy? (I had seeing all these poll numbers revolving around presidential candidates because they are sooooo far off!!!!)
Do you have concerns that as prediction markets become more mainstream they will halt a lot of important innovations? My question is stimulation by my interactions with people; sometimes I talk to people about medical innovations and longevity and I am shocked at how often people say "I don't want to live too long"... so what if a Pharmaceutical company did a prediction market on whether or not they should make an anti-aging drug and the market interest was too low? At some point prediction markets will likely become a tremendous sorce of "demographic research" and since it's deadly accurate it might detour a lot of things we need... like a cure for ALS or Pancreatic Cancer??? IDK... I'm kinda just talking aloud. What say you?
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