Whenever you want a view that’s closest to the “truth”, look at what the insurance rates are like. Insurance companies’ whole business hinges on turning objective reality into money.
Which is why honestly I think we should start betting on everything. The biggest problem is centralized bookies who can’t allow bets the government doesn’t like.
All of the worst, most evil applications of this are already legal for the rich. p2p betting would only help the poor.
I am not sure the answer to a worldwide gambling epidemic is to make more gambling but what do I know.
It’s the answer to it being difficult to organize a resistance without getting disappeared.
You’re basically describing prediction markets, which do exist on p2p blockchains and work in basically this way.
They’re pretty good, but unfortunately what they measure is kind of a hybrid mix of expert opinion and general sentiment. There are people who put money into prediction markets because they have inside knowledge, but there are also people who bet there based on vibes and hope. Whereas insurance companies tend to have fewer outright gamblers working as actuarial analysts.
What’s the best one on a p2p blockchain? Maybe I can help.
I don’t use any myself so I can’t really give a personal recommendation. This page has a list of some.
The federal government will be subsidizing Florida homeowners soon enough. Florida is politically important and it’s is everyone’s god-given right to move to somewhere warm when they retire and have their homes rebuilt at no cost to them every 5 years.
Hah, joke’s on climate, I already lost my home due to medical bills and financial insolvency in a crashed labor market. Lotta landlords gonna be sweating the near future though.
Isn’t there something a bit too literal about this meme?
Seeing as some mortgages require insurance, this is gonna hit a little hard.
Homes that are fucking made of paper, wood and polystyrene do not help either
$900,000 3 bedroom homes made of paper, wood and plastic you mean!
Whoever said you get what you pay for never bought a house in the US in the 21st century.
I have heard essentially one arguments for this so far: Anything will be blown away anyway, so why bother spending more money for a concrete structure?
To which I like to ask what the shelters are made of. Hmmm…
They are made of magic, clearly
So that’s why Miami’s nickname is “Magic City”? It all makes sense now.
The good ones are underground.
Homes are built with the materials that are readily available in the local area.
Yeah…but you can also make bricks, like, that would be a good argument if we were in any year before 1900, right now they mass produce 5nm CPUs in large scale and distribute them all over the world, but USA can’t produce bricks to use for houses…
I agree that they should use something sturdier. But do note that bricks won’t survive entirely either. Brick walls can withstand the wind itself, but won’t do well against large chunks of debree flying into them at significant speeds.
you can also make bricks
Absolutely correct.
that would be a good argument if we were in any year before
19002100Fixed it for you
USA can’t produce bricks to use for houses…
What? Why the fuck not?? Has clay and shale become scheduled substances?
They’re very clearly griping about the lack of them, not saying they are incapable…
Have they tried selling them to Aquaman, Storm, and other comic book heroes not known for their real estate investment strategy acumen?
I dunno, I heard that Fact-uaries don’t care about your feelings though.
was it supposed to say “homes that can’t get insured anymore” ?
“they” as in “homes that home owners can’t get insured anymore”
Hey it’s not just Florida. Tornado Alley is also seeing massive insurance hikes.
The problem with Florida is that the state of Florida is now the insurer of the homes most at risk.
Same with California… and Texas, and Louisiana, and both Carolinas, and Hawaii.
Though yes, the extent of the problem is signifcantly worse in Florida.
My slop detector is beeping
