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Talk:The Consumerium Exchange
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== How bets would actually work == A bet. This is an actual monetary bet that over a certain period of time, a certain company, product, industry will not violate the norms, or will improve, or will never be red-lighted etc. Unlike a stock, option or bond purchase, this is a direct bet on the company's good behaviour, like a bail bond. If there is no problem with that product, company or industry, then the bet pays off with a modest return, similar to a bond - 5-10% above inflation perhaps. If there IS a problem, the value of the bet drops very drastically, becoming worthless if the product, company or industry does something to get itself fully red-lighted for the entire span of time of the bet. *By keeping the bets visible here, we make the conflicts of interest visible too, rather than hidden as people move money in the background (which they will anyway). It's also clear who has the most to lose if a company is about to lose status, and, more of the debate will become visible, and more of it can thus be passed on to the company or stockholders, whose interests are exactly aligned with the bet-maker *The money held in trust funds the whole Consumerium process and rollout, since it can be invested in various ways - ideally in ethical investing funds or sustainable forest product funds or something. This may require a backer or insurer to cover catastropic losses. No investment in any one company should be allowed for risk management purposes. :And for the millionth time: NO MONEY, just information. ::All information is distorted by money, as much as motion is distorted by the presence of more mass, which creates what we call "gravity". So I am talking about the economic law of gravity here - it all comes down to money. You can deal with it directly, or be manipulated by those who deal with it directly.
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