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0 sats \ 14 replies \ @klk 2 May \ parent \ on: What to improve for the Predyx platform? devs
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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edited the previous comment
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how can a Bitcoin maxi get insurance?
https://darth-coin.github.io/general/natural-law-bitcoin-en.html
very few people paid attention to this important article I wrote...
Is their choice to ignore my advice, but they cannot ignore the consequences of ignoring my advice.
TLDR: be responsible for your own actions
without personal responsibility, there's no freedom
That's why very few people still understand what really is Bitcoin.
Bitcoin is part of that "·personal responsibility".
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A farmer who grows olive trees is not responsible for the rain and can't be. Some kinds of crops are only profitable (in benefit for all humanity) if they get water from the rain.
That farmer might be able to invest all his wealth into the crop if he gets insurance for a year with very little rain, so that he doesn't go broke and can keep growing those crops that we all enjoy next year.
There must be a way to achieve this without going through state controlled evil entities. Even if they indirectly benefit from it.
Again, you probably aren't against Bitcoin just because holding it makes the nation states that confiscated it richer.
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A farmer who grows olive trees is not responsible for the rain and can't be
TOTALLY WRONG !
It is responsible because he VOTE a politician that is doing shit on him with all the geoengineering shit.
nation states that confiscated it richer.
nations states can't handle bitcoin.... Bitcoin is for individuals not for states.
LOL you have much to learn about Bitcoin.
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Why do you keep making this about me? I'm not trying to talk about me or to prove anything. Just trying to see if we can learn something through a mini debate. Your opinion about how dumb, unknowledgeable and NPC I am was settled a long time ago. You win, congrats. Can we move on?
We are derailing the conversation... Rain variance has existed way before geoengineering or any man made thing in general. Same for volcanoes and any other natural phenomena.
The point stands: insurance can be a useful tool. Would you rather have it from a state controlled agency or from a decentralized platform (not saying that Predyx is).