Managing Editor @cardplayermedia. Cryptocurrency enjoyoor
Vegas
Joined May 2009
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Dude: (talking about his tournament bad beat in a cash game)
Me: Yeah. Tournaments are stupid. My buddy plays a lot of them. He won a big one once.
Dude: What's his name?
Me: @driverseati
Dude: Oh. Never heard of him.
I think the handful of colleagues who don't know I'm a total degenerate would look at me differently if they knew I agreed with this wholeheartedly.
I've been talking about the rigging of everything with prediction markets for a while.
At first I thought these obviously need to be banned for the moral hazard. You got insider trading soldiers. People taking hairdryers to weather sensors. Lying becomes very profitable. Misinformation can make you real money. If there is a market for somebody getting arrested, it creates an incentive to frame them with a crime. It's a bounty.
After dabbling and making some money, I've become a predictionmaxxer.
I should be able to wear AR glasses that I can gamble against all day. I should be able to say "Hey I bet I can skip this rock 3 or more times" and the all-seeing headset makes me an offer. I should be able to bet on which side effects a medication gives me. I should be able to see the probability that my uber driver crashes. I want to see the odds that the daycare center is doing fraud.
Hell, I should be able to bet on whether my piss stream goes left or right in the morning. This is America.
I'd like to bet on whether the fish special at the restaurant gives me food poisoning. Instead of looking at their yelp or their health inspection violations, I want to look at the market and see who will poison me. I want a restaurant to see 3% food poisoning odds and do everything they can to bring it under 1%. I want them to compete for who can poison me less.
Sure you'll get insider trading soldiers. You get weather sensor saboteurs. Deception can pay well a predictionmaxxed reality, but now it faces a symmetric counterparty and the truth pays better.
When truth becomes money, lying becomes expensive. So many eyes are hunting anomalies that corruption becomes the most expensive thing to hide. If you can identify the corrupt trade, you can frontrun it. Corruption hunting suddenly becomes profitable.
Scale this up and it becomes an society wide immune system for lies. The market surveils itself. Every lie, every trick, every deception is priced.
These markets are corruption detectors, because they've detected corruption does not mean they've failed but that they've succeeded.
The universe where you bet a dollar on whether your piss stream goes left or right is the same universe where every institutional lie bleeds out slowly for all to see.
The rigged universe problem inverts itself at scale.
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Not many people in the poker world I've enjoyed working with more than @ElleSriracha
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I just realized my love of punk rock stems from the @tonyhawk pro skater soundtrack.
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How did the revenue from DanHimiller.com not cover this?
Say it ain’t so, @Eric_Ramsey
Apparently @danheimiller has, after 15 years and loads of excuses decided not to pay @PhilNoLimits back for 15k to help him with a flimsy excuse that he was a Full Tilt owner.
Full tilt.. *Did* pay everyone back...
Some screenshots
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Steve Schult retweeted
Everytime bitcoin goes down CT takes the L in stride (puts on McDonalds hat) while the haters spike football. But when it goes up CT spikes football but the haters are silent (bc they think too much of themselves and are poor sports) so that's why they should be called out imo
Stopped at a light with the windows down. Car next to me rolls its windows down.
Him: Hey, you speak Spanish?
Me: no.
Him: do you do coke?
Me: no.
Him: oh. You look like you do coke.
Me: thanks.
Why tf did I say thanks?
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