#crowdhealth

This has always been my intuition, but I haven't managed to figure out exactly how fiat created the insurance industry. If you know of a good book on the subject I'm all ears

I used to think this, until I realized that insurance has to be a critical part of an AnCap society and it only seems fiat because of the currently extreme government involvement in the insurance market. Without government, premiums would be much lower once government intervention is removed from s...

Insurance is a form of prediction market. Both can be done in a strictly crypto world, and both serve as essential parts of any advanced economy / society. Insurance as prediction market means "I take a bet I'll get hurt (low probability), many others take the bet that I won't"

Buying a what if protection is not inherently a scam. I think you may be saying that but I am not sure by your wording.