Quote from: makulo123 on August 17, 2017, 08:11:09 PM

Quote from: MadPanda on August 17, 2017, 06:46:36 PM

Was thinking earlier today that these Umbrella devs have got guts being in the spotlight, just the thought of the possible fallout a project like this may have going up against the main stream industry with its large sums of money and army of lawyers is a little frightening.
Does anyone think the Traditional insurance industry will either try to buyout this project or maybe attempt to sabotage it threw nefarious or legal means?

Ahh, well, first the company has to gain a lot of investors and I mean A LOT, because it's a insurance company, which requires finances to run. Okey, this will be mediated via ICO. After that, they need to release a stable functionable platform and real blockchain backing. The insurance industry may not even give a crap about the existence of UmbrellaCoin, but when they emerge in scale, users, investors, functions and markets, they may stand a change against these centralized predators. I hope only for the best, of course.

Yah your right perhaps this will fly under the radar long enough for projects like Umbrella to have a good footing to not get pushed around.
I actually think if this works out right they may even be able to partner with some companies to help elevate the pressures of overhead policy costs.