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Morendil comments on Creating a Less Wrong prediction market - Less Wrong
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Comments (52)
Karma provides an incentive structure for the production of LessWrong content; changing that structure without understanding the possible consequences, good and ill, might be unadvisable.
On the other hand, creating a new "play" currency, redeemable in donations and tied to various games that exercise the skills valued by this community - such as good calibration and discrimination - that could be a useful and fun project.
I agree. It seems that most people have a standby rationality mode which kicks in when their personal interests come into play.