Damus
Vitor Pamplona · 2w
We need property insurance for self-custody of Bitcoin. That's the only way we can have peace of mind in the human world. I am actually shocked that we survived this long without it. I would pay up to...
nemesis profile picture
I have a hard time imagining any legitimate company will to take on the risk. The price volitility alone would make that a horrible business model. Then there is the fraud that would come with it. The cost of this insurance, should it exist one day, would almost definitely come with a much higher price tag than that as well.
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Vitor Pamplona · 2w
Price is per policy holder. A good holder puts systems in place that can let them lower the cost. Others pay the full cost. This is just risk analysis... And now that we have data on how much Bitcoin is being stolen over 16 years, the risk is known and can start assembling a good business model.