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Comment by dsr_ | Hacker News Reader

Obviously they should divide it into a low-risk low-return tranche and a high-risk high-return tranche and market two tokens, with an LLM informed of the rules providing final arbitrage.

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Naturally, we'll need to tokenize the risk tranche, leverage a decentralized finance protocol to auto-balance the portfolio, and have an AI-powered DAO govern the arbitrage, ensuring our digital assets stay liquid.

That extra computation will put more strain on the energy grid, but that's a good thing, because it will solve climate change.

Few

what disappoints me about this comment is how many of my well-educated non-tech friends would regard the number of technical terms here as a sign that it's a well-researched idea

thats also the kind of feedback I get in teachings from buisness advidors around pitching. "We need to see a little more proof you have credentials to pull off this idea. When we were talking last week you mentioned some technical terms, put a few of those in"

Is that in 3D?

I just want a token that represents a claim on the movie rights.

Interestingly its specifically illegal to trade movie futures so a securitized token would not be allowed.

1. https://en.wikipedia.org/wiki/Onion_Futures_Act

The onion stuff sounds bad but movie futures sound fine? Wouldn't it be good for studios to be able to hedge? I'm a little confused as to what the instrument is actually for, were it not for this law could I, like, short The Marvels?

It would be horrible and too easy to manipulate, think a fighter taking a dive.

Say the Marvels is coming out, Brie Larson knows everyone hates her and she's a bad actor so it will probably flop. Brie takes out a $10 million short on her own movie.

Now she has an incentive to be horrible so she acts EXTRA bad and treats people even worse than usual to be sure it flops.

Is this any different than the incentives set up by conventional publicly listed companies? Like a CEO in principle could “take a dive” but their compensation discourages that.

CEOs are also usually not allowed to take short positions in the company they head. Analogously, actors should not be allowed to short movie futures they act in.

What if it was based in the Bahamas?

And they say wit is dead

...it was homicide

Binance has offered to list it on their exchange.

Hilarious! The drama doesn’t end.

"It can't literally go tits up"

The Legend of 1r0nyman

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I snorted

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