Přednáška / PP-PRAGUE / Prague Default

How something as mundane as insurance can be a tool for societal good

Ryan Lackey Ryan Lackey · 27. listopadu 2022 · 45m17s

Insurance is usually thought of as something boring, required by governments, and ideally purchased inexpensively, never actually used, and forgotten about.

In reality, insurance can be a powerful tool to make society better, both by allowing consent-based alternatives to regulation and by transferring risk. We will explain the basics of how insurance works, how it has been a valuable tool for liberty and safety in traditional areas, and how it can enable the crypto future.