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Re:Bitcoin hits US$ 4, after being mentioned on CNN yesterday by gwern on Saturday April 30, 2011 @04:25PM (#2501493)
Link for those not familiar: http://en.wikipedia.org/wiki/Assassination_market

Personally, I think assassination markets could be a net benefit (think of the bounties on someone like Kim Jong-Il), but then, I like them enough that I write stories about them so I'm biased: http://www.gwern.net/fiction/The%20Ones%20Who%20Walk%20Towar...

Re:Bitcoin hits US$ 4, after being mentioned on CNN yesterday by tba on Saturday April 30, 2011 @07:17PM (#2501844)
"think of the bounties on someone like Kim Jong-Il"

Did you ever think of the bounties on anyone inconvenient to governments or big businesses? The founders of The Pirate Bay, Julian Assange and Bradley Manning, BP whistleblowers, environmental activists and climate scientists – would society be better off with them all dead?

Re:Bitcoin hits US$ 4, after being mentioned on CNN yesterday by gwern on Saturday April 30, 2011 @08:34PM (#2501971)
One Kim Jong-Il is worth all of Pirate Bay combined, and heck, throw in Assange & Manning as well (they've informed the public, helped out the historians a lot, and caused some irritation, but I see few concrete changes to stack up against hundreds of thousands of dead).

So, yes, I did think of the inconvenient people.

Re:Bitcoin hits US$ 4, after being mentioned on CNN yesterday by borism on Saturday April 30, 2011 @05:16PM (#2501591)
think of the bounties on someone like Kim Jong-Il

Now think of the bounties on average folks like you and me in comparison.

That's right, our lives will instantly be worth pennies and there'll instantly many folks around with incentive to murder.

Re:Bitcoin hits US$ 4, after being mentioned on CNN yesterday by Unseelie on Saturday April 30, 2011 @05:54PM (#2501660)
Pennies is a bit extreme. The risk in the enterprise is pretty high, expert assassins rare, and amatures likely to get caught.

While an expert assassin may take a job on a random Joe for on the order of a hundred dollars, an amateur with any sense will not, and therefor the price will be rather high.

And, even if assassinations of pedestrians becomes realistically common..On the order of car crash mortalities, its at least a cause of death that may make people consider how they act toward one another.

Re:Bitcoin hits US$ 4, after being mentioned on CNN yesterday by 5l on Saturday April 30, 2011 @07:00PM (#2501814)
Right, because only bad people get assassinated.