learning about reinsurance on a Saturday morning:
"there are companies and investment vehicles that are willing to take on weather risk ...this is attractive because weather is not correlated with Equity markets; weather is not correlated with debt markets so these pools of capital look at the insurance Market as a way to diversify their underlying exposure"
https://www.youtube.com/watch?v=d1AsV9Cpdf4&t=3133s
stuff like this makes me so excited for the future of abundance. 20 years ago, i would have to pay an expensive college degree, live in an expensive college town, have certain prerequisites for this knowledge, and now it's free. I hope this is the future that bitcoin gives us.
Just like no one complains about Youtube distributing free knowledge, no one will complain about Bitcoin making people so much more abundantly wealthy