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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, Interesting) by All Your Lawn Are Belong To Us on Tuesday June 20 2017, @03:18PM

    by All Your Lawn Are Belong To Us (6553) on Tuesday June 20 2017, @03:18PM (#528490) Journal

    Sure, you *might* be able to create an anonymized currency that could be used for that.... If Silk Road could do drug transactions, you could do assassinations, in theory. But buying such is different from bountying such in one very important aspect: How does the assassin collect his money and prove he was the killah in a way that gets him the money from the thousand other schmoes who want to claim credit? (Look at mideast terrorism of the 80s and beyond - multiple groups would claim credit for a single action. It got to be that authorized representatives would give the media a very slightly advanced warning with codewords to prove it was their group making the claim. I'd suspect that any scheme that tries to ensure that would create security complications that would bring the whole operation down. Or, put another way, just because it's Teh Internets does not change the fundamental requirements of the business practice. (And why in the real world you need to hire a hitman with cash-in-advance, no escrows, and thank god the vast majority of them are caught in an undercover sting.)

    Plus, I can kill you with my brain.

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