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mothballed
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CBP has absolutely put me in jail (not prison) for refusing to answer questions (including the strip search and being put in chains and handcuffs). As well as threatening to revoke my passport (though they could not). On another occasion they threatened to deport me even though I'm a US citizen. On yet another, they faked a drug dog hit then dragged me to multiple hospitals, racking up bills in my name while claiming I was packing drugs up my ass. I am still being chased by debt collectors for the last one.
I've contacted multiple lawyers and the answer got was they've tried cases like these before and they always lose so they don't take them anymore. Though this was pre-Trump, now it's suddenly in vogue to take up longshot border or immigration cases.
If you don't mind not having US customers, it's easy enough to get an online gambling license in a few jurisdictions, maybe $20-50k all in (Nevis and Anjouan are a couple of the more notable ones), at which point you can serve a large portion of the world. This was basically the scenario polymarket was in for awhile until they started making inroads into US regulatory apparatus.
FDIC does not cover bank theft[].
FDIC deposit insurance does not protect against losses due to theft or fraud, which are addressed by other laws.
That's covered by private bankers bond insurance, much like you could get for a decentralized stored pots of gold or you can buy insurance in the form of put options (like on IBIT) on the loss of value of bitcoin or if your cold wallet is stolen you can initiate legal proceedings against the thief.
[] https://www.fdic.gov/news/fact-sheets/crypto-fact-sheet-7-28...
It's a bait and switch that can be seen by even Ray Charles from a mile away. ZKP assurances is just part of the high-IQ "useful idiots" spreading buy in for the bait.
Kids are not property of the parents. Because with property rights comes responsibility.
And that's the catch-22 imposed on parents. Society wants to lord over the power as if the child is their property but none of the responsibility. Anything that went wrong is the parent's fault. It's always more and more requirements upon the parent, a nearly one way imposition of power where law or society says what you must do but of course you will bear all the costs. But by god you better not morally outrage someone or they'll have CPS up your ass.
It's largely the cheapest kind of concern. The kind where you mete out punishment out of a sense of smug moral superiority, but never lift a hand to help out for the endeavors you advocate for, only to push them into a sort of moral tragedy of the commons.
These laws only mete out punishment for people failing to obey, not actually provide support, it is essentially theatre of pretending to care about children. Theatre by the most evil of people, those that use kids as political props.
Or they are hedging their exposure to an unknown by betting in favor of an event that would be harmful/costly to them.
No, he's right. Insurance profits are legally capped, and this keeps them from representing an outsized fraction of spending even in cases when they might partially be the driver behind it. They have to spend N% of their income on actual health care benefits. They're not absurdly high, you could look them up, but I don't think it's possible to exceed something like 10% profit.
This means the only way for insurance companies to increase profits is to increase the price of healthcare, and they have zero incentive to try and lower the amount of money they pay out for healthcare which might otherwise have been split between profits and lower premiums.