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posted by n1 on Monday June 19 2017, @09:42PM   Printer-friendly
from the i'd-buy-that-for-a-dollar dept.

After the last of the Dirty Harry films, The Dead Pool, was released in 1988, libertarians began to discuss the potential for crypto-currency prediction markets to become crowdfunded assassination markets. Many schemes were proposed and many were unworkable. The main complication is an assassin using zero-knowledge proof to claim a bounty without implicating any other party. This arrangement ignores betting exchanges where anyone can lay or back bets and no-one on a given exchange may be involved in assassination. Discussion has been sparse regarding secondary markets for fake death followed by new identity.

Whether or not a dead pool is bloodless, ire has been most often directed at government officials and the actual use of lethal force. When a BitCoin dead pool launched in 2013, Chairman of the United States Federal Reserve, Ben Bernanke, became subject of the biggest bounty. Perhaps it was obvious with hindsight that libertarian capitalists in possession of digital currency would focus on the person directly responsible for managing the world's largest, centralized, debt-based, nation-state, fiat currency.

Anyhow, given that a real assassination market has supposedly been running for four years, where are the high-profile deaths? Or disappearances? Is digital currency too complicated for soldiers of fortune? Too risky? Too ephemeral? Are the rewards too small? Will digital currency's increased value and flight to safety encourage libertarianism not previously seen? Or are people wimps?


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  • (Score: 2) by KiloByte on Monday June 19 2017, @10:10PM (1 child)

    by KiloByte (375) on Monday June 19 2017, @10:10PM (#528179)

    I have never had to do a contract kill before but I would assume people that do are pretty desperate.

    You assume that 1. monetary payout is the only motivation, and 2. those who are in it purely for money make a rational calculation of reward-vs-risk compared to other ways to get money.

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  • (Score: 2) by frojack on Tuesday June 20 2017, @01:09AM

    by frojack (1554) on Tuesday June 20 2017, @01:09AM (#528271) Journal

    True - as far as the motive goes, but not so true when it comes to method.

    And its not like there have been a shortage of "high-profile deaths". Including some "untimely" ones.

    There is enough non-monetary incentives around to start a hit.

    The problem is there are few hit-men that are interested in anything BUT money.
    So there is going to be some form of money involved anyway.

    But with a dead-pool concept and bitcoin there would be enough churn of small transactions to make that very hard to trace.

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