This is the literally the only use of prediction markets in the real world - ins...

hpdigidrifter · 2026-03-28T04:49:19 1774673359

>literally the only use

I live in Taiwan

Can you find me an insurance company that will pay me out in case of a war with China? From what I see absolutely no one will insure that.

A $1k premium paid to Polymarket will cover me handsomely in the event of war and pay out instantly with no hassles.

A counterpoint to your hyperbole.

kranke155 · 2026-03-31T21:09:35 1774991375

I offer you my apology! I never thought of it as catastrophic events insurance.

It’s true for Taiwan but could you do it for your personal health? I suppose in the future you might have a prediction market for your health vs health insurance! Who knows ? There are só many circles of capitalist hell we might yet invent, but i hope not.

schmidtleonard · 2026-03-27T14:39:43 1774622383

Hey, that's not fair! It's also used for degenerate gambling.