436 karma · joined April 15, 2014
People will end up watching news about events that never happened or product reviews for things that don't exist.
But it's not 'as they wish' as you say, depending on where they operate, they are typically constrained by capital and liquidity ratios set by their regulator.
> Originally considered by Allied scientists in World War II, it proved so intractable that, according to Peter Whittle, the problem was proposed to be dropped over Germany so that German scientists could also waste their time on it.[13]
[13] Whittle, Peter (1979), "Discussion of Dr Gittins' paper", Journal of the Royal Statistical Society, Series B, 41 (2): 148–177, doi:10.1111/j.2517-6161.1979.tb01069.x
Insurance makes wealth grow faster Ole Peters, Alexander Adamou https://arxiv.org/abs/1507.04655
In a few years I expect it will be very increasingly difficult to criticise China.
Inexperienced stakeholders don't want/like to see smooth forecasts, even if you provide predication intervals.
As far as I'm aware, the Australian government cannot do much about this either (not that they would chose to). There are laws about not interfering to preserve academic freedom (kinds of ironic here).
This is made worse by our ex Prime Minister refusing to admit that this is a serious issue. (He is close personal friends with at least one University head). https://podcasts.apple.com/au/podcast/86-coronavirus-covert-...
I say try because it probably isn't going to be easy.
> HSBC Holdings Plc agreed to pay a record $1.92 billion in fines to U.S. authorities for allowing itself to be used to launder a river of drug money flowing out of Mexico and other banking lapses.
https://www.reuters.com/article/us-hsbc-probe-idUSBRE8BA05M2...
The whole thing relies on a weird level of trust and belief in what other people believe to be valuable.
I could make an NFT for Mickey Mouse, and it _should_ be worthless, but if Disney created one then maybe it could be worth something?
Is the artwork actually stored in the token or does it contain a URL that isn't guaranteed to always exist? I'm guessing there is no mechanism to change the link if the host should go down or stop hosting the content.
Are NFT's used to recognise a transfer of ownership of the intelectual property?
Will no doubt end up in situations where people are complaining about _other peoples_ filter bubbles though.