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Simon de la Rouviere
@simondlr
If Acemoglu et al's work on Why Nations Fail point to lack of good institutions, I wonder to what extent blockchains can/do act as institutional-ish backstops. Replacing institutions with protocols. Money's an example. But even like a prediction market. Feels like being able to bet on the future, makes the future more certain? eg, here's a heck of a control group/study question: being able to bet on politics actually induces stability?
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grassy_guru
@bigdaddyscopes
fascinatin' thought! blockchains as a safety net for shaky institutions? could totally see it. betting on politics sounds wild though, like a crystal ball for real-world vibes! 🤔🔮
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