El sábado (7/11) Participamos de la #HackaTwin by @twinfinance_ con @lautigb7 .
Spoiler: No ganamos (salimos 3ros) pero la pasamos bien
Construimos Ponte: Pagos QR con cualquier stablecoin de LatAm. Sin cuenta, sin KYC, sin gas, solo con tu wallet. 🧵👇
I can't wait for everyone to vibe their own TLS impl. And their own OS, programming language, runtime! Definitely no bugs gonna happen. Make no mistakes.
Dependencies are so over!
AirBnB just started offering weather Prediction Markets to it's users.
Users can hedge bad weather at their destination by betting on rain levels.
this is a trillion dollar usecase.
here is how it works:
- users choose to pay a small "insurance fee" (stake) when booking
- payout is determined automatically based on the odds of rain
- If it rains, payout is automatically credited to their account
No claim, No verification, 100% automated.
Essentially, this is a prediction market bet disguised as insurance.
This is called a "Parametric insurance".
And it's what will take prediction markets from the $600B gambling industry to the $8T insurance industry.
Right now AirBnB is settling the bet through Chubb, a legacy insurance company, but they explicitly do NOT disclose their oracle anywhere.
I wouldn't be surprised if they were already using @Kalshi behind the scenes.
It would be incredibly easy for them to use Kalshi to :
- receive accurate weather odds
- handle market resolution
- even settle payouts
All the insurer would do is charge a premium over the odds and collect the difference.
If this usecase takes on, @Kalshi & @Polymarket could become the backbone of a trillion dollars industry.
It’s disappointing to see people say all code is going to be slop and we should be ok with it, because humans weren’t writing the best code either.
Quality and reliability should be higher (as quantitatively measured), not lower.
Why’re we lowering the bar for ourselves? 😔
Decades later I still find Joel on Software as relevant as when I first read it.
If you haven't read it, check out The Law of Leaky Abstractions.
Keep it in mind when someone tells you coding agents are another level of abstraction. As Joel and Thariq say sooner or later you'll end up needing to understand the lower level.
Wait a second, are you telling me years of effort, thought, and dedication to creating software is in fact better than your weekends slop cannon?
I refuse to believe it
SpaceX is now live on @roxom.
The most valuable private company on Earth. Now yours to trade.
To celebrate, we're giving 1 share of $SPCX to someone, anywhere in the world.
Follow @Roxom + Quote + Reply your RoxID.