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Replying to Avatar JeffG

It’s worth looking into the history of insurance. It definitely didn’t start out as a scam. It was a community project to make sure unforeseen black swans were manageable (the community knowing those events would be rare).

The Ascent of Money by Niall Ferguson has a more in depth take on it.

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SheBytes 2y ago

A lot of well intentioned ideas have gone awry over time.

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