Will 1=1 on January 1st 2023?
158
77
Ṁ50KṀ163
resolved Jan 1
Resolved
YES1D
1W
1M
ALL
This will resolve YES on January 1st 2023 with 100% probability. The price of a YES share on this question is hence the community's discount rate on M$ over the next year. Buying YES and selling it later is probably something like an interest-yielding bank account?
Get Ṁ200 play money
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@Tetraspace In an alternate universe someone suddenly bought a bunch of No at the end--their username: StephenWolfram.
@Tetraspace are you sure you don't have to pay the loan back when the market resolves?
@aps Then it would be nice to show this fractional M$ - it is really confusing right now (and it would explain weird mismatches between declared numbers and actual changes!)
@BoltonBailey you do get profit, it's just a fractional M$ and so rounded in the interface. But internally it's tracked.
My interpretation of this currently is that since you can spend M$100 to get guaranteed M$104 in a year, the discount rate is 4% over that time period; if anyone had a faster discount rate, they would be better off selling their YES now and cashing out to lower the probability and increase payoffs, and if they had a lower discount rate, they would be better off buying more YES to get more M$.
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