It's hard because people think they are doing a good thing when they start these crowd sourcing campaigns. I personally think it's a pretty amazing concept to watch unfold, but I think there needs to be more oversight. It definitely sucks when someone loses a house due to fire, but isn't that what insurance is for? At what point are we just finding other people's irresponsibility.
I wonder, if insurance was run through crowdsourced DAOs, would people still be willing to fund those who choose not to participate?
Nah, there would probably be nothing. It's hard because I think people's hearts are in the right place most the time, but it just isn't necessary.