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Intrust

Intrusting is investing for beliefs. There are two types.

To “trust” is the intrustment type that claims something is true.

To “distrust” is the intrustment type that claims something is not true.

Unlike investing, intrusting doesn’t reward you for being “right”. There’s no upside. Instead, people intrust to change policy.

Here

Philip Morris

⁠

trusts

⁠

in the claim that says “

Cigarettes are benign

⁠

“ in order to nudge policy.

⁠

Before

⁠

Philip Morris

⁠

trusts

⁠

, their account is

worth

⁠

0

⁠

in underlying collateral

.

⁠

Philip Morris

⁠

trusts

⁠

Claim 32 Cigarettes are benign

⁠

600

⁠

Philip Morris trusts Claim 32 Cigarettes are benign for 600

⁠

(you can use ⌘ + Z to undo)

Going into claim account

@Cigarettes are benign (Trustment)

⁠

The total intrustment premium:

∞

⁠

Philip Morris account:

⁠

Now
`Disagree`⁠
⁠

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Intrust

Now Disagree⁠⁠

Now
`Disagree`⁠
⁠