Display MoreHi woodworker,
I like your proposal. Also, now i have the opportunity, thank you for your comments on the court case. Your predictions were not that accurate, but you are one of the more balanced posters here and it was interesting to read your thoughts.
In regards to the bet, and besides that i am in no position to bet these kind of amounts, it would be very foolish for the Planet Rossi citizen to risk 10K USD when there is so little upside. One could better buy for example some VIX upside, puts Vitol or shares in a sapphire factory. Then the upside is way bigger.
What i am trying to say is that the odds that Rossi has what he claims he has are much smaller than vice versa.
What do you think the odds should be?
What we could do is try to formalize a bet and ask for example Unibet, Betfair, William Hill to host the bet. I am not sure if there would be any real interest, but i would certainly keep an eye on these (changing) odds.
Another layer of complexity lies in the fact that if Rossi has what he claims he has, he most certainly will be delayed (or killed) by forces that would be hurt by such an invention. This thesis makes it, in my opinion, very hard to price the probability that all criteria in your "bet" are met.
Cheers,
JB
Odds? If you read my posts, you should have noted that I have never expressed any opinion as to the viability of LENR other than to say I would like to see it succeed. My opinion as to Rossi's prospects/technology, my willingness to bet has nothing to do with the technology, it is based on the fact that Rossi is, IMHO, a lying, hypocritical, sliming, etc. fraud, cheat and conmen. I have absolute confidence that Rossi will not produce what he has promised not because I doubt LENR, but because I don't trust or believe Rossi and, given the evidence, in the court records and the things he has publicly said and admitted to, of Rossi's willingness to lie about everything and anything, I have every confidence that he will again fail to produce (apologies for the run-on sentence - I would have made it shorter, but I didn't have the time).
You are the some so positive about Rossi, you should be giving me odds.
As to "Another layer of complexity lies in the fact that if Rossi has what he claims he has, he most certainly will be delayed (or killed) by forces that would be hurt by such an invention" give me a f***ing break. What evidence do you have to support such a statement. And by "have" I don't mean you read something on some website about how the magic pill that turns water into gas was suppressed/killed by the oil companies. I mean real evidence.
OHHH! This is not a jointly provided agreement? It's currently just Rossisays? (I should have looked more closely at the source).
Well then, I'm placing my millyun Quatloos and bragging rights for IHFB in escrow until there is joint endorsement of the settlement terms.
And I'm seeking some Quatloo council to protect my Quatloo interests (on contingency, of course) until this is all resolved. Maybe woodworker can represent me?
I would require at least $25,000 as an evergreen retainer. US dollars, not quatloos, promissory notes, etc. Cash before I start any work, along with a signed engagement letter.