If you buy life insurance, your basically taking a short position on your life, right?
#asknostr
If you buy life insurance, your basically taking a short position on your life, right?
#asknostr
No, because a short has unlimited downside risk.
This method is the old school method.
No, bitcoiner should ever buy Life Insurance life. Insurance is the federal government.
Yeah I would say no to insurance unless there's a circumstance where you leave your dependants with nothing if something happens to you.
That is not all, people buy those to mitigate inheritance taxes. If the government steals 20% of your house, you buy a 20% insurance on it.
Also, the most risky period of you passing your keys down is when you die. Insurance helps to give you peace of mind.