5 ms·
This seems like an area rife for a scam, like hurricane insurance or earthquake insurance. You pocket the money, and when disaster strikes, who is going to sue
by andrewla 6mo ago
This seems like an area rife for a scam, like hurricane insurance or earthquake insurance. You pocket the money, and when disaster strikes, who is going to sue you when you do nothing? If there was a real bunker-worthy event then all your insurees have been devoured by zombies or dissolved by radioactive strings or whatever.
- aorloff 6mo agoOn Polymarket, $60m has been wagered on "Will Jesus return before 2027" https://polymarket.com/event/will-jesus-christ-return-before-2027 https://polymarket.com/event/will-jesus-christ-return-before...
- 2ndorderthought 6mo agoI'll definitely put money on that one around December for a quick return. Thanks for the tip
- essefjo 6mo agoWhy wait till December? Aren't there higher returns the earlier you put money?
- jfengel 6mo agoIs it profitable? Current price for No is $.96. Making 4% in 8 months is better than most sure bets but less than the stock market on average.
- ajross 6mo agoStock market's historical average is actually just about 4%/year after inflation. So it does beat it (absent fees), but just barely.
- 2ndorderthought 6mo agoBarely above a high yield savings account I guess.
- ajross 6mo agoHistorically, savings accounts do much worse than the stock market. People are spoiled from the last decade and don't remember what corrections or bear periods look like. Over time you get 4% over inflation. That's it.
- 2ndorderthought 6mo agoIs that how it works? I don't gamble sorry. But this one I will gamble on, heavily
- jfengel 6mo agoYeah, but Jesus is gonna place a big bet on himself just before he returns.