Assassination Politics (by Jim Bell) + Bitcoin = ?

As far as i understand, the prediction date is encrypted, until you want to cache-out and send the decryption key.

This is very, very dark stuff and it has absolutely no upside. Though the essay states the advantages of being able to assassinate another Hitler or Stalin in order to prevent them from abusing their privileges, the reality of a real Assassination Market would look quite different. People would be assassinated all the time, even if they're not really in a position of power.

Can you imagine the last three American presidents surviving a system like this? What about the current president? I think a large number of lunatics would donate insane amounts of money towards his assassination just to see it through.

The idea that this is a constructive mechanism to put more checks and balances in the hand of the general population is horribly misguided. Who would like to live in a world like this? Also, it wouldn't even fix the most pressing problems, like corruption and abuse of power. An Assassination Market would just shift corruption and abuse to another group. The average citizen would be totally screwed, even worse than today (I know, it's hard to imagine sometimes).

There are so many worthwhile ideas to improve the concept of government. For example, I believe it is worth looking into abandoning the concept of representation or at least de-emphasizing it in politics. So many ideas worth discussing. Anonymous Assassination Markets is not one of them.