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Because it's useless thing, a scam.
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0 sats \ 16 replies \ @klk 17h
  • Useless: being able to have a hedge against too little rains can be useful for a farmer for example. Knowing the best estimate of the probability of a war starting in your country can be useful as well. It's like saying Bitcoin is useless because some people use it to gamble.
  • Scam: why?
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You never think (use your brain) that all these "predictions" are in fact data grabbing for more "evil" things? YOU ARE BEING USED! ofc a NPC can't think of that...
People (NPCs) nowadays are so gullible that will give away so much information for free, but thinking that "betting" on it will give them some more sats, but instead insurance companies are willing to pay a fortune only for what their clients will think about.... weather.
YOU ARE SO FUCKING GULLIBLE! Do not sell your soul for few sats!
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0 sats \ 14 replies \ @klk 16h
The information that one person has about the likelihood of an event is rarely worth a fortune. The aggregate of the “weighted” (by stake) of a large enough group can be.
But let's look at it from the other side, how can a Bitcoin maxi get insurance? Going to those evil guys, going through KYC, and giving them some fiat? How is this better?
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you are more retarded than I thought...
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0 sats \ 12 replies \ @klk 16h
edited the previous comment