Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Stox vs Gnosis

Cryptocurrency

Gnosis and Stox are Cryptocurrencies based on Prediction

The thinking behind a prediction market is that the wisdom of the crowd can determine the outcome. and collecting bets is the best means of learning what the wisdom of the crowd.

The belief is that markets are the more efficient mechanism for gauging human opinion, and that taking bets is the best way to get honest results from a survey.

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