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.
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.
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.
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.
It’s been hidden in plain sight from the beginning. It was always for the wealthy. The democrats just had the audacity to expect it to apply to every American.
I have heard essentially one arguments for this so far:
Anything will be blown away anyway, so why bother spending more money for a concrete structure?
To which I like to ask what the shelters are made of. Hmmm...
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...
I agree that they should use something sturdier. But do note that bricks won't survive entirely either. Brick walls can withstand the wind itself, but won't do well against large chunks of debree flying into them at significant speeds.
29 Comments
FaceDeer@fedia.io · 49 pts · 177d
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 · 2 pts · 176d
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 · 4 pts · 176d
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 pts · 176d
What's the best one on a p2p blockchain? Maybe I can help.
FaceDeer@fedia.io · 2 pts · 176d
I don't use any myself so I can't really give a personal recommendation. This page has a list of some.
ameancow@lemmy.world · 2 pts · 176d
explodicle@sh.itjust.works · 1 pts · 176d
It's the answer to it being difficult to organize a resistance without getting disappeared.
stinerman@feddit.online · 19 pts · 177d
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.
Jumbie@lemmy.zip · 1 pts · 173d
That is the exact funding written into FEMA rules at FEMAs inception.
It’s been hidden in plain sight from the beginning. It was always for the wealthy. The democrats just had the audacity to expect it to apply to every American.
“No more,” says the Grand Ole Pedophile Party.
Axolotl_cpp@feddit.it · 16 pts · 177d
Homes that are fucking made of paper, wood and polystyrene do not help either
Eheran@lemmy.world · 9 pts · 177d
I have heard essentially one arguments for this so far: Anything will be blown away anyway, so why bother spending more money for a concrete structure?
To which I like to ask what the shelters are made of. Hmmm...
Axolotl_cpp@feddit.it · 3 pts · 177d
They are made of magic, clearly
Whats_your_reasoning@lemmy.world · 1 pts · 177d
So that's why Miami's nickname is "Magic City"? It all makes sense now.
doingthestuff@lemy.lol · 1 pts · 177d
The good ones are underground.
ameancow@lemmy.world · 1 pts · 176d
Brkdncr@lemmy.world · -4 pts · 177d
Homes are built with the materials that are readily available in the local area.
Axolotl_cpp@feddit.it · 7 pts · 177d
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...
Rednax@lemmy.world · 1 pts · 176d
I agree that they should use something sturdier. But do note that bricks won't survive entirely either. Brick walls can withstand the wind itself, but won't do well against large chunks of debree flying into them at significant speeds.
Viking_Hippie@lemmy.dbzer0.com · -2 pts · 177d
Absolutely correct.
Fixed it for you
What? Why the fuck not?? Has clay and shale become scheduled substances?
ParlimentOfDoom@piefed.zip · 5 pts · 177d
They're very clearly griping about the lack of them, not saying they are incapable...
Viking_Hippie@lemmy.dbzer0.com · 8 pts · 177d
Have they tried selling them to Aquaman, Storm, and other comic book heroes not known for their real estate investment strategy acumen?
sp3ctr4l@lemmy.dbzer0.com · 2 pts · 176d
I dunno, I heard that Fact-uaries don't care about your feelings though.
TractorDuffy@lemmy.world · 5 pts · 177d
was it supposed to say "homes that can't get insured anymore" ?
Tar_alcaran@sh.itjust.works · 4 pts · 177d
"they" as in "homes that home owners can't get insured anymore"
TheFogan@programming.dev · 5 pts · 177d
https://www.youtube.com/watch?v=X9FGRkqUdf8
NOT_RICK@lemmy.world · 4 pts · 177d
My slop detector is beeping
plateee@piefed.social · 3 pts · 177d
Hey it's not just Florida. Tornado Alley is also seeing massive insurance hikes.
HobbitFoot@thelemmy.club · 7 pts · 177d
The problem with Florida is that the state of Florida is now the insurer of the homes most at risk.
sp3ctr4l@lemmy.dbzer0.com · 2 pts · 176d
Same with California... and Texas, and Louisiana, and both Carolinas, and Hawaii.
Though yes, the extent of the problem is signifcantly worse in Florida.
corsicanguppy@lemmy.ca · 2 pts · 176d
Seeing as some mortgages require insurance, this is gonna hit a little hard.
j_z@feddit.nu · 2 pts · 176d
Isn’t there something a bit too literal about this meme?
ameancow@lemmy.world · 2 pts · 176d