The rise of an “Assassination Marketplace” shows the dark side of decentralized networks

IMG_8151

Right now, there’s an online bidding war over whether or not Donald Trump will die before the year is out. All a would-be assassin has to do is stake a whole bunch of money on “yes” and they’d make a fortune.

These not-quite death threats reportedly lodged against the president and other public figures, including Jeff Bezos, John McCain, and Betty White, can be found on Augur, a decentralized app recently launched by the nonprofit Forecast Foundation. Augur is a protocol through which people can create prediction markets, which are crowdsourced platforms where people stake cryptocurrency (in this case Ethereum and the Augur-specific token Reputation) on a prediction’s most likely outcome.

Continue reading… “The rise of an “Assassination Marketplace” shows the dark side of decentralized networks”

0

Facebook has a reputation problem: poll

Facebook is used by nearly 850 million people each month and roughly 480 million people use it every day. With a user rate like that and an upcoming $75 to $100 billion initial public offering, one might think Facebook is not only a highly visible company, but also one of Corporate America’s most reputable.

Continue reading… “Facebook has a reputation problem: poll”

0

BP to Rebrand Gas Stations Across US – to Amoco?

bp-station-rebranding-amoco
The BP Snowjob Continues

You probably haven’t seen many Amoco gas stations on the side of the road for a while. That’s because BP merged with the ‘American Oil Co.’ in the 90s, the British company’s logo and namesake took over. As a result, all Amoco stations were converted to BP stations, leaving Amoco stations nowhere to be found. But that could change very soon — in a major rebranding effort launched to sidestep the bad reputation that’s sprouted from having caused the biggest environmental catastrophe in US history, BP is considering renaming all of its stateside gas stations ‘Amoco’ — or something else…

Continue reading… “BP to Rebrand Gas Stations Across US – to Amoco?”

0