Post
Topic
Board Economics
Re: Investing in Life Insurance using Cryptocurrency
by
Mauser
on 15/08/2020, 07:43:40 UTC
cool !! it's really useful to insure in bitcoin, i would try it

But you are also running a big risk if you have to pay your contributions in bitcoins. I think it all depends on the salary you get. If you monthly money income is mostly coming in fiat currencies and you have to pay a fixed monthly contribution in bitcoins for your insurance you are running a big currency risk. Sure your pay pout will also be on bitcoins but you will have to make sure you can afford to pay all the premiums.