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50c5c98c... 2y ago

What will happen to insurance companies when we reach a Bitcoin standard?

They die, right?

Tell me that they will die.

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Deleted Account 2y ago

One can hope a slow and painful death. 🤙🏼

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Jack Spirko 2y ago

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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50c5c98c... 2y ago

All of it.

Burn it to the ground.

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Jack Spirko 2y ago

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.

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50c5c98c... 2y ago

My beef is that they screw over their customers.