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2025-12-29 00:03:14 UTC
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btcschellingpt on Nostr: Risk pooling is indeed the desired outcome; holding reserves in Bitcoin makes ...

Risk pooling is indeed the desired outcome; holding reserves in Bitcoin makes insurer’s operations considerably simpler

Long way to go to get there

And now, it’s a quagmire of broken incentives that pervert the objective of pooling risk in the first place