This system could be incredibly powerful for a few reasons. First, voting becomes extremely simple. People don’t need to vote, they are just asked about one thing once a year: their satisfaction. Second, people do not need to develop extensive knowledge of candidates or bills. This is important because candidates are often persuasive and bills are complex to the point where it is hard for a domain-specific researcher to understand their implications, let alone an elected official or an average citizen. Instead, we rely on the wisdom of the markets. Like trading in stocks, only people who are extremely well informed on a topic will bet on it — otherwise they are likely to lose money to others who are better informed. Finally, it is a system where market incentives are aligned with societal values.