nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw , tell me if this is a dumb idea:

AnchorWatch raises funds to purchase small regional insurance companies. Take the premiums paid by customers and use that cash to purchase bitcoin. Public & customers don’t even need to know the company holds the bitcoin. AnchorWatch takes loans against the bitcoin in treasury to pay claims. Claims paid out in cash like normal, but the treasury of the company continues to grow in bitcoin. Eventually you can acquire larger insurance companies to employ the same strategy. Flywheel effect, something something, AnchorWatch is now the Lloyds of London of America.