Ishhh.eth

@WealthWatcherCo @grok @NoLimitGains

@cobie @danrobinson @tarunchitra 🐣🐣🐣🙏

@danrobinson @tarunchitra I’m handing out free NFTs to anyone that made it to the bottom of this thread.

As another large HYPE holder accused me yesterday: "show me the tweet/paper, and I'll show you the bags" There are a few things here that are worth pointing out, despite everyone FUDing, not reading the paper, and making conclusions based on the post (skill issue? illiteracy?)

@owocki Please look into @takadao_io - they’re doing exactly this.

the time for health insurance DAOs is now. why now? 1. in america, tens of thousands of insured people are killed or bankrupted by our bloated extractive healthcare system yearly. 2. the populist rage against the scam that is american healthcare system hit an apex point recently, with the assasination of a high level healthcare executive whose organization has a reputation for illegitimate denial of claims. 3. DOGE means that there is likely to be an axe swinging at the old system in washington for the next 4 years. 4. as crypto ppl age and start families, they will have demand for crypto-native insurance products i repeat, the time for healthcareDAOs/insuranceDAOs is now. note - when i say "healthcareDAO/insuranceDAO' i dont mean take the shitty fiat healthcare/insurance system and put it onchain. i mean create something that evolves the system forward or redefines it for the onchain era! (insuranceDAO is probably the wrong name. we need a new name for the onchain-era system. but lets just use "insuranceDAO" as a placeholder for now) for example.. study the design space of what existed before the new deal. mutualist financial systems where neighbors supported one another in times of need... where you had a personal relationship with your provider. you know.. before private equity groups got involved and everything became about extracting as much $$ as possible... the pre-new deal era is the most obvious source of alpha for designing insuranceDAOs as the new deal era system collapses. (imo the new deal era system has evolved into a bloated federally subsidized insider game scam tradFi healthcare complex. it DESERVES to collapse. the question for me is how do we design lifeboats?) next, study the design space of how humans have supported each others health/wellbeing for millennia. many of those are very peer to peer in ethos, as through history small bands of physically clustered people have had to care for each other. build p2p onchain structures for that. here i even made you this handy poster that can be your map of that journey! yay shared learningss!!1! TLDR 1. the old system is collapsing 2. we can build a new system, which can be a life boat 3. we need a new class of risk-on nothing-to-lose crypto-era startup founders to build those life boats. 4. adventurers wanted for hazardous journey. low wages, bitter cold, long hours of complete darkness. safe return doubtful. honour and recognition in event of success. 5. LFG if you are building insuranceDAOs or healthcareDAOs, pls @ reply with a tldr of your project and especially what traction you have. i may do a podcast episode on this soon.

@_melinaed_ You need to stop taking *all supplements* cold turkey. This rise in consumerist supplements culture is why we’re seeing huge cancer spikes in younger people. Just eat healthy and exercise. The body isn’t used to exogenous overload of chemicals.

@VitalikButerin @owocki @takadao_io is building exactly this..

Insurance DAOs are underrated imo. N people worried about similar risks pool capital together and agree to cover anyone who suffers from the risk. The symmetric model ensures less imbalance of incentives. The DAO can still hire specialized claims judges if it wants, but their incentive is to be fair, because each participant doesn't know whether or not next time they will be the recipient. Similar models have existed in the past, and even exist today in some places.

insurance is the biggest scam in modern finance. you pay your policy every month. a for-profit company pockets the $$$, then when you need your policy they find arbitrary and capricious reasons to deny your claims. someone please invent transparent/fair crypto-based insurance

@owocki Ser! Have you heard of @takadao_io? Building exactly this

Shapes

Silence

Probably nothing... I just applied to Alchemy University (@AlchemyLearn) to earn my free web3 degree! Applications are open to everyone! LFG!!! university.alchemy.com

1/ Super excited to pilot v0 of Impact Cards with Masha Healy at EFDevcon and Casa Celo tomorrow! Here is what makes Impact Cards super unique 🧵

“Never let a McKinsey consultant be your crypto CEO” Heard at Devcon

@dwr 🫡

Have a few invites to a protocol-based social network if you're curious about that sort of thing. Send me a DM for an invite.