The assassination market bitcoin
Early in part 1, Jim Bell describes the idea as: The organization set up to manage such a system could, presumably, make up a list of people who had seriously violated the NAP Non-aggression Principle , but who would not see justice in our courts due to the fact that their actions were done at the behest of the government.
Associated with each name would be a dollar figure, the total amount of money the organization has received as a contribution, which is the amount they would give for correctly "predicting" the person's death, presumably naming the exact date. In order to prevent such a system from becoming simply a random unpaid lottery, in which people can randomly guess a name and date hoping that lightning would strike, as it occasionally does , it would be necessary to deter such random guessing by requiring the "guessers" to include with their "guess" encrypted and untraceable "digital cash," in an amount sufficiently high to make random guessing impractical.
Bell then goes on to further specify the protocol of the assassination market in more detail. In the final part of his essay, Bell posits a market that is largely non-anonymous. He contrasts this version with the one previously described. Carl Johnson's attempt to popularise the concept of assassination politics appeared to rely on the earlier version. Technologies like Tor and Bitcoin have enabled online assassination markets as described in parts one to nine of Assassination Politics.
The first prediction market entitled 'Assassination Market' was created by a self-described crypto-anarchist in From Wikipedia, the free encyclopedia. The neutrality of this article is disputed. Relevant discussion may be found on the talk page. Please do not remove this message until conditions to do so are met. January Learn how and when to remove this template message. Retrieved February 28, Archived PDF from the original on 27 January Archived from the original on October 24, Retrieved January 14, Retrieved August 22, This would incentivise assassination of individuals because the assassin, knowing when the action would take place, could profit by making an accurate bet on the time of the subject's death.
Because the payoff is for accurately picking the date rather than performing the action of the assassin, it is substantially more difficult to assign criminal liability for the assassination. In a man by the pseudonym Kuwabatake Sanjuro created the website Assassination Market. The website is a crowdfunding service that lets anyone anonymously contribute bitcoins towards a bounty on the head of any government official--a kind of Kickstarter for political assassinations.
According to Assassination Market's rules, if someone on its hit list is killed--and yes, Sanjuro hopes that many targets will be--any hitman who can prove he or she was responsible receives the collected funds. In after the four months that Assassination Market has been online, six targets have been submitted by users, and bounties have been collected ranging from ten bitcoins for the murder of NSA director Keith Alexander and 40 bitcoins for the assassination of President Barack Obama to Sanjuro's grisly ambitions go beyond raising the funds to bankroll a few political killings.
He believes that if Assassination Market can persist and gain enough users, it will eventually enable the assassinations of enough politicians that no one would dare to hold office. He says he intends Assassination Market to destroy "all governments, everywhere. I believe it will change the world for the better," writes Sanjuro, who shares his handle with the nameless samurai protagonist in the Akira Kurosawa film "Yojimbo.