Insurance is something that is hard to do in a DAC because of insurance fraud. You could use a DAC to predict the value of cures or to estimate the risk of various procedures.
The problem is that a DAC cannot depend upon any ONE provider of a good or service and a DAC must be able to reach a consensus about things without relying upon trust.
The building blocks that we have to work with are:
1) Equity
2) Dividends
3) Transaction Fees
4) Multi-Sig Transactions
5) Prediction Markets
6) Options
7) Auctions
So a prediction market on the weather, the chance of a hurricane, the value of a dollar, an idea, or a political outcome are all possible. If you want insurance it must use these tools as the foundation or invent a new tool.
Would it be possible for HealthCare DAC's to hire Dr's to provide services based on a specific pricing model of their choosing, thus opening a new market to compete with the current one that is flush with corruption? Like I said before, I am still learning so definitely interested in the concept. I also am aware you guys don't want to go to prison for the rest of your lives for offering a service that, though all-around better and uplifting to humanity--is deemed "illegal" by narcissistic bureaucrats at the behest of their puppet masters. However, this also brings up a good point to consider, both for the Dev Team and the Community at large...Is this meant to be a Velvet Revolution? And if so, how can DAC's be built up to fight the Guaranteed (and potentially thuggish) opposition to progress that will be encountered?
My vote is for moving toward progress as long as it benefits people...but i'm just a little guy with a bunch of ideas ;)
This is a key plank in the platform of freedom:
If somebody in one jurisdiction is prevented from building or supporting a particular component or service,
somebody in some other jurisdiction will pick up the torch and run with it.
This is a decentralized business sector that lives in international waters.
We will always obey the regulations of the jurisdictions in which we operate. So what?