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Assassination market

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Title: Assassination market  
Author: World Heritage Encyclopedia
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Subject: Prediction markets, Crypto-anarchism, Price mechanism, Black Market Reloaded, Sheep Marketplace
Collection: Anarcho-Capitalism, Crypto-Anarchism, Dark Web, Prediction Markets
Publisher: World Heritage Encyclopedia

Assassination market

An assassination market or market for assassinations is a prediction market where any party can place a bet (using anonymous electronic money and pseudonymous remailers) on the date of death of a given individual, and collect a payoff if they "guess" the date accurately. This would incentivise assassination of individuals because the assassin, knowing when the action would take place, could profit by making an accurate bet on the time of the subject's death. Because the payoff is for knowing the date rather than performing the action of the assassin, it is substantially more difficult to assign criminal liability for the assassination.[1]

Early uses of the terms "assassination market" and "market for assassinations" can be found (in both positive and negative lights) in 1994's "The Cyphernomicon"[2] by Timothy C. May, a cypherpunk. The concept and its potential effects are also referred to as assassination politics, a term popularized by Jim Bell in his 1995-96 essay of the same name.[3][4]

In part ten of his essay, Bell posits a market that is largely non-anonymous. He contrasts this version with the one previously described. Carl Johnson's attempt to popularise the concept of assassination politics appeared to rely on the earlier version.[5] There followed an attempt to popularise the second in 2001 that is ongoing today.[6][7] The feasibility of assassination markets as a tactic of radical civil-disobedience has been established.

Technologies like Tor and Bitcoin have enabled online assassination markets as described in parts one to nine of Assassination Politics. One was created by a self-described crypto-anarchist in 2013.[8] The first assassination market that adopted a Jim Bell protocol became available in autumn 2001. It remains a continuous project called APster, which is a name that was used quite often by various cypherpunks.[9]


  • See also 1
  • References 2
  • Further reading 3
  • External links 4

See also


  1. ^ Harkin, James (2009). Lost in Cyburbia: How Life on the Net Has Created a Life of Its Own. Knopf Canada. p. 239.  
  2. ^ May, Timothy C. (1994-09-10). "The Cyphernomicon: Cypherpunks FAQ and More, Version 0.666". pp. Sections 4 & 16. Retrieved February 28, 2011. 
  3. ^ Bell, Jim (1997-04-03). "Assassination Politics". Infowar. Archived from the original on 27 January 2011. Retrieved February 28, 2011. 
  4. ^ McCullagh, Declan (2000-04-14). "Crypto-Convict Won't Recant".  
  5. ^ Broiles, Greg (1999-08-27). "CJ files". Retrieved August 22, 2014. 
  6. ^ McCullagh, Declan (2001-05-15). "Online Cincy Cop Threats Probed".  
  7. ^ Hettinga, R. A. (2003-07-07). "Online threats target Denver investigators". Retrieved August 22, 2014. 
  8. ^ Greenberg, Andy (2013-11-18). "Meet the 'Assassination Market' creator who's crowdfunding murder with Bitcoins". Forbes. Retrieved November 19, 2013. 
  9. ^ "VENONA Cypherpunks Archives". 1993–2000. Retrieved August 22, 2014. 

Further reading

  • Hess, Patrick (2002). Cyberterrorism And Information War. Anmol Publications Pvt. Limited.  
  • Thomas, Douglas; Loader, Brian (2000). Cybercrime: Law Enforcement, Security and Surveillance in the Information Age. Routledge.  
  • Sukumaran, R. (2004). "Cryptology, digital assassination and the terrorism futures markets". Strategic Analysis 28 (2): 219–236.  
  • Clarke, R.; Dempsey, G.; Ooi, C. N.; O'Connor, R. F. (16–17 February 1998). "Technological Aspects of Internet Crime Prevention". Proc. Conf. "Internet Crime". Australian Institute for Criminology, Melbourne University. 

External links

  • The Assassination Market - a Tor hidden service that acts as an online implementation of the assassination market concept, using Bitcoin for anonymous payment (link goes to Tor2Web proxy accessible in a normal web browser)
  • essayAssassination PoliticsJim Bell's at the Internet Archive (Mirror)
  • Assassination PoliticsThe Usenet discussion containing the initial publication of the first part of at Google Groups
  • Academic discussion of assassination markets from an anarchist perspective at the Internet Archive

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