What will happen to insurance companies when we reach a Bitcoin standard?
They die, right?
Tell me that they will die.
Sorry but I don't think so. What do you mean like a specific type of insurance or all of it?
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All of it.
Burn it to the ground.
Why would you BTC eliminate the need for insurance?
If my house burns down, I want insurance on it. My car wrecked, etc. If I die, etc.
My beef is that they screw over their customers.