Really, what you're asking here is "is paying for cryonic suspensions the most cost-effective known way of purchasing person-neutral QALYs in the entire world?" That's an extremely implausible position that almost no one defends. Even conditional on thinking cryonics was extraordinarily great, paying for research, e.g. scientific tests of the effectiveness of cryonic suspension and related biology, would be better. Thanks for saying that. I had the (incorrect) impression that there were many on LessWrong who did believe that.
future people might invent a perfect fire-suppression system, [...] But that wouldn't mean the early purchases were foolish Unless the post was edited, I don't think the OP was saying it was foolish; he was saying the payout of the decision was 0. Which is true, whether you're talking about fire insurance or cryogenics (unless there's a cancellation option in your contract). Now, there's utility in peace-of-mind which might make it small but not zero, but the point stands.
Your quotation tags are a bit mangled.
Which is true, whether you're talking about fire insurance or cryogenics (unless there's a cancellation option in your contract)
No forms of insurance legally obligate you to pay future premiums. If you stop paying premiums the insurance ends.
I am not currently signed up for cryonics. I am considering it, but have not yet decided whether it is the right choice. Here's my reasoning.
I am very sure of the following:
1. Life is better than death. For any given finite lifespan, I'd prefer a longer one, at least within the bounds of numbers I can reasonably contemplate.
2. Signing up for cyronics increases the expected value of my lifespan.
But then I also believe the following:
3. I am not particularly exceptional among the set of human beings, and so should not value my lifespan much more than that of other humans. I obviously fail at this in practice, but I think the world would be a much better place if I and others didn't fail so often.
4. The money it would take to sign up for cryonics, though not large, is enough to buy several centuries of healthy life each year if given to givewell's top malaria charities. Since on average I expect to live another 50-60 years without cryonics, the investment would need to increase the expected value of my lifespan by at least 5,000 years at minimum to be morally acceptable to me.
5. There is a chance we'll discover immortality in my lifetime. If so, then if I signed up for cryonics the payout is 0, and the people who died because I bought insurance instead of charity are people I could have saved for far longer.
So, what do you think is the probability that immortality will be discovered in my lifetime? What about the probability that, if signed up for cryonics, I will live into the far future? These priors would seem to be the key for me to decide whether signing up for cryonics is morally acceptable to me.