2022 Prediction #6: Defi Insurance
Published in
4 min readJan 7, 2022
Insurance is a contract with conditions to prevent further losses when the projected risks become real. Insurance is purposely designed to confuse users so that they can purchase the insurance to believe they are financially hedged and in reality, they are not. It is a magic spell to try to presumably resolve issues but it will make it worse. We need real insurances to protect people.
