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.
replyOn Polymarket, $60m has been wagered on "Will Jesus return before 2027"
replyhttps://polymarket.com/event/will-jesus-christ-return-before...
Yeah, but Jesus is gonna place a big bet on himself just before he returns.
replyI'll definitely put money on that one around December for a quick return. Thanks for the tip
replyWhy wait till December? Aren't there higher returns the earlier you put money?
replyIs 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.
replyStock market's historical average is actually just about 4%/year after inflation. So it does beat it (absent fees), but just barely.
replyBarely above a high yield savings account I guess.
replyHistorically, 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.
replyIs that how it works? I don't gamble sorry. But this one I will gamble on, heavily
replyAny chances you'll recall the title? It sounds interesting
replyThis is essentially the premise to Fallout, or at least the leadup to it.
replyAlso Paradise on Hulu, or at least the setup there as well.
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