> Couldn't such a system be built voluntarily? Yes, but would it be as effective as a universal scheme? Also, there is a chicken and egg situation, whereby onl

> Couldn't such a system be built voluntarily? Yes, but would it be as effective as a universal scheme? Also, there is a chicken and egg situation, whereby only people with the advantage of enough wealth to join in the voluntary scheme could access a safety net, biasing against people who do not have advantage but do have the ability to contribute. > Why should a startup founder be able to bet on someone else's money? Because we're all linked by, and benefit from, our societal connections and as a society we've collectively decided that it's the best way forward. --- Edit: grammar