Posted by ibobev 16 hours ago
How is this not the coolest shit ever?
For example: https://www.insurancebusinessmag.com/ca/news/breaking-news/d...
“One British insurance company came to the rescue of three Scottish sisters … concerned about the cost of raising the Son of God should one of them be selected to give birth to the Messiah.”
Of course the big difference is insuring yourself against the personal risk of loss in the event of a specific outcome is not seen as quite the same as merely speculating on its occurrence. Insurance is just betting against what you want to happen happening.
Bingo.
> The price of Bitcoin measures only the price of Bitcoin.
I used to think it was merely an innocent ignorance, just a soft subject that technologists weren’t familiar with. But anymore it seems like actively hostile to me, a kind of blind belief in the idea that technological problems will just be magically solved by adding more technology.
Not to say that all who love technology are outcasts, but hoping for reaching the ones behaving problematically by talking about the academic sport of philosophy or related disciplines doesn't seem effective if the goal is more pro-social behaviour.
https://www.forbes.com/sites/thomasbrewster/2025/09/03/ai-st...
OTOH i think it damaged the ecosystem that US president decided to be "the most pro-crypto president". Obviously nobody wants that.
2. 2026? Cryptocurrency was always just hell. Well, before it was hell it was LARP.
I can’t help but think Bitcoin carries a floor for criminal activity. It will always be valuable.