Balaji backing out of the $1M BTC bet is sad.

He could have avoided the issue if he didn’t publicly say “I don’t expect BTC to hit $1M, I’m just trying to get people to buy [the thing I have 90% of my next worth in]”.

Law and policy for interesting ideas.  Worked at Google and Discord.  Co-founded MobileCoin. 

A few quick rules on this: 
1. Do not attempt to manipulate a regulated market. 
2. If you do attempt to manipulate a regulated market, don’t go on a podcast and say “I am manipulating this regulated market”. 
3.  See Rule #1.

The only problem is externality pricing.

Building https://negationgame.com

Per Medlock: 
- money not deposited in escrow 
- “lawyers looking into it”

As someone who is a lawyer and has hired lots of lawyers, that second bit means “my lawyers heard what I did without asking their advice and they just called to yell at me for an hour”.