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HERE IT COMES (lemmy.world)
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[-] j_z@feddit.nu 1 points 30 minutes ago

Isn’t there something a bit too literal about this meme?

[-] FaceDeer@fedia.io 42 points 1 day ago

Whenever you want a view that's closest to the "truth", look at what the insurance rates are like. Insurance companies' whole business hinges on turning objective reality into money.

[-] explodicle@sh.itjust.works 1 points 6 hours ago

Which is why honestly I think we should start betting on everything. The biggest problem is centralized bookies who can't allow bets the government doesn't like.

All of the worst, most evil applications of this are already legal for the rich. p2p betting would only help the poor.

[-] FaceDeer@fedia.io 2 points 5 hours ago

You're basically describing prediction markets, which do exist on p2p blockchains and work in basically this way.

They're pretty good, but unfortunately what they measure is kind of a hybrid mix of expert opinion and general sentiment. There are people who put money into prediction markets because they have inside knowledge, but there are also people who bet there based on vibes and hope. Whereas insurance companies tend to have fewer outright gamblers working as actuarial analysts.

[-] explodicle@sh.itjust.works 1 points 2 hours ago

What's the best one on a p2p blockchain? Maybe I can help.

[-] FaceDeer@fedia.io 2 points 1 hour ago

I don't use any myself so I can't really give a personal recommendation. This page has a list of some.

[-] stinerman@feddit.online 16 points 1 day ago

The federal government will be subsidizing Florida homeowners soon enough. Florida is politically important and it's is everyone's god-given right to move to somewhere warm when they retire and have their homes rebuilt at no cost to them every 5 years.

[-] TractorDuffy@lemmy.world 5 points 21 hours ago

was it supposed to say "homes that can't get insured anymore" ?

[-] Tar_alcaran@sh.itjust.works 3 points 12 hours ago

"they" as in "homes that home owners can't get insured anymore"

[-] Axolotl_cpp@feddit.it 16 points 1 day ago* (last edited 1 day ago)

Homes that are fucking made of paper, wood and polystyrene do not help either

[-] Brkdncr@lemmy.world 2 points 1 day ago

Homes are built with the materials that are readily available in the local area.

[-] Axolotl_cpp@feddit.it 6 points 1 day ago* (last edited 1 day ago)

Yeah...but you can also make bricks, like, that would be a good argument if we were in any year before 1900, right now they mass produce 5nm CPUs in large scale and distribute them all over the world, but USA can't produce bricks to use for houses...

[-] Viking_Hippie@lemmy.dbzer0.com 1 points 1 day ago

you can also make bricks

Absolutely correct.

that would be a good argument if we were in any year before ~~1900~~ 2100

Fixed it for you

USA can't produce bricks to use for houses...

What? Why the fuck not?? Has clay and shale become scheduled substances?

[-] ParlimentOfDoom@piefed.zip 2 points 22 hours ago

They're very clearly griping about the lack of them, not saying they are incapable...

[-] Viking_Hippie@lemmy.dbzer0.com 6 points 1 day ago

Have they tried selling them to Aquaman, Storm, and other comic book heroes not known for their real estate investment strategy acumen?

[-] plateee@piefed.social 3 points 23 hours ago

Hey it's not just Florida. Tornado Alley is also seeing massive insurance hikes.

[-] HobbitFoot@thelemmy.club 5 points 22 hours ago

The problem with Florida is that the state of Florida is now the insurer of the homes most at risk.

[-] NOT_RICK@lemmy.world 6 points 1 day ago

My slop detector is beeping

[-] TheFogan@programming.dev 5 points 1 day ago
this post was submitted on 24 Feb 2026
229 points (100.0% liked)

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