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Erik pfp
Erik
@eriks
many, many lessons in there ✍️ free markets optimize for truth, not clicks “Now, we get to the important part: predicting the election is just the first app. The broader concept is that you can use finance as a way to align incentives in order to provide viewers with valuable information. Now, one natural response is: isn't all finance fundamentally about information? Different actors make different buy and sell decisions because of different opinions about what will happen in the future (in addition to personal needs like risk preferences and desire to hedge), and you can read market prices to infer a lot of knowledge about the world. To me, info finance is that, but correct by construction. Similar to the concept of correct-by-construction in software engineering, info finance is a discipline where you (i) start from a fact that you want to know, and then (ii) deliberately design a market to optimally elicit that information from market participants.”
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Purpleman.base.eth 🎩 pfp
Purpleman.base.eth 🎩
@jenson
I need to read this full thing but i'm too hungover for that today lmao
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SODIQ OLAWALE 👨‍🦲 pfp
SODIQ OLAWALE 👨‍🦲
@onbloaded
Lesson in there
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Eren🎩 pfp
Eren🎩
@baeshy.eth
Lesson learnt✍️✍️
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Pon-eth🫅 pfp
Pon-eth🫅
@pon-eth
✍️
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Mikko pfp
Mikko
@mikkolagerstedt
good stuff!
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Fibo / Scryptoguy pfp
Fibo / Scryptoguy
@fibo112358.eth
For truths we would want to see, is it?
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Jhon pfp
Jhon
@jhonc.eth
excellent
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With Dani🎩💎🔵 pfp
With Dani🎩💎🔵
@with-dani69
Taking notes. Thanks for the alpha
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HamizIbrahim pfp
HamizIbrahim
@h2-10
Wowow How can market mechanisms help in optimizing for truth instead of just seeking clicks or attention?
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Roni_travis🎭Ⓜ️🎩✨ pfp
Roni_travis🎭Ⓜ️🎩✨
@mfa
What’s done is done. now what’s more important is to see what happens next.
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Alina 🎩 🟣 🎭 :•> pfp
Alina 🎩 🟣 🎭 :•>
@alinaya
It's not that obvious to me yet, but I'm still a newbie
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Brayan pfp
Brayan
@colonel-brayan
That's a lot lessons there, tnx for it🙏🏻
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siam sayed pfp
siam sayed
@siamsayed
Long cast 🫂🫂
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Faeze🎩🍖✨🎭Ⓜ️ pfp
Faeze🎩🍖✨🎭Ⓜ️
@cryptohoney
Fascinating insights on leveraging financial markets for truth seeking and information alignment. Info finance as correct by construction is a powerful concept for designing truth optimized systems. ✍️
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