I used to be an actuary, so I respect well-designed whole life policies for income and wealth preservation—on a fiat standard.

I met with Meanwhile, the new BTC life insurance company. Their product is non-participatory—no income component. In my default fiat mindset, that would be a dealbreaker. But switching to a Bitcoin mindset made me wonder: on a deflationary currency, do we even need retirement income?

On a Bitcoin standard, the cost of living gets cheaper over time, and you naturally spend less Bitcoin as you age. Debt, however, gets more expensive, so minimizing it before retirement is critical.

Does life insurance still have a role in preserving wealth on a Bitcoin standard?