In as much as I want this product to be a top notch, I sincerely don't understand the logic on how they are going to manage the insurance service!
I will only trust and use the insurance service only if it been provided by third party.
I don't get your point, is there anything Wrong if they choose to have their own insurance company. I thought this will create trust, security and transparency within the platform?
I don't quite get your argument bro
this is not am argument, am just saying what I want and what I won't do.
Imagine I develop a platform for you to invest your money, and at same time I create am insurance service for you in same platform with the view of if anything happens to you investment your insurance will cover you.
now the question you should ask yourself is this, if something can happen to your investment, how sure are you that your insurance is secured since it's the same company that is managing both service?
it's better not to put your eggs in one basket
You made a very valid point here, but we believe they are doing everything for the very best interest of their users. The only way to assure users of the safety of their investment is by introducing an insurance system.
Whatever way they choose to do this should be for the best interest of the users.