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Replying to vkidd

Insurance in the fiat world creates perverse incentives. But insurance is valid survival pattern. Even in nature animals will pool resources for hard times. What does decentralized insurance look like? Can a group of people pool sats and enforce an agreed upon payout policy? Would love to prototype this. #bitcoin

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Crypto_Vantage 2y ago

Definitely doable.

Collective life insurance policies you could pay into, borrow against, etc.

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