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Latebitcoiner profile picture
Latebitcoiner
@latebitcoiner
I've been thinking about how to get life insurance involved in Bitcoin. I've got the actuarial table figured out, and the cost in USD. The question is, how do you provide a Bitcoin life insurance policy payout in terms of premium? Do you collect premium and buy Bitcoin along the way and have reinsurance fund the remainder? You'd have to start with a pool of Bitcoin as capital to fund the contracts. How would you do it?
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nobody · 52w
A small initial capital, buying BTC little by little, then setting up multisig, makes it easier to manage from there, right?