How Ethereum’s Augur Can Change The British Election

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Summary

Augur, as you might know, is a betting market that runs on smart contracts (code) on ethereum’s public blockchain. Let’s say some intelligence officer comes across evidence conservative government officials were aware the London Bridge attack was about to happen, but allowed it or perhaps even facilitated it. This market token shouldn’t be confused with REP, Augur’s own project token which is irrelevant for our current purpose, but let’s make all this a bit more concrete. Suffices to say in simple terms Augur can be seen as a bitcoin of sorts. Both Jeremy Corbyn of Labour and Boris Johnson of Conservatives have a real chance of forming a majority government.

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A fierce battle of ideas is being fought in Britain with everything at stake as the aristocrat and commoner go head to head in an election that is more a revolution in geopolitics, representative politics, and economics.

Which way it will go is difficult to say. Polls lie for gain. Both Jeremy Corbyn of Labour and Boris Johnson of Conservatives have a real chance of forming a majority government.

Who will do so remains to be seen, but people are betting. The pound jumped for example as Corbyn started closing the gap , while BBC thinks it’s because a new poll shows a hung parliament is unlikely.

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