Correct. That is called self insuring, where an individual instead of spreading the financial risk across many people, like life insurance does, takes the entirety of the financial risk themselves. It is a good thing when an insurance policy doesn't get used. The purpose is just to help you sleep better, and spread your risk out further.
The catch is, unfortunately, we live in a dollar world. Insurance companies are conservative, and government subservient...I mean compliant. You might be able to combine these strategies and stack bitcoin in a wallet just set aside to pay life insurance premiums. When you average out your bitcoin cost, and price your insurance premiums in bitcoin, this will cost you less bitcoin every year over time.
Our clients, who are just getting red, and orange pilled, have to straddle the lines between what they are philosophically aligned with, and what their country uses. Let me know if you need anything else.
Delta Charlie
npub1aq…vmhkh
2023-12-27 15:05:05
in reply to nevent1q…fv8n
Author Public Key
npub1aqxs793kps5eanmvnse97at6nc975pg6e0c6tjzxq700x0jzdl7qvvmhkhPublished at
2023-12-27 15:05:05Event JSON
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"content": "Correct. That is called self insuring, where an individual instead of spreading the financial risk across many people, like life insurance does, takes the entirety of the financial risk themselves. It is a good thing when an insurance policy doesn't get used. The purpose is just to help you sleep better, and spread your risk out further.\n\nThe catch is, unfortunately, we live in a dollar world. Insurance companies are conservative, and government subservient...I mean compliant. You might be able to combine these strategies and stack bitcoin in a wallet just set aside to pay life insurance premiums. When you average out your bitcoin cost, and price your insurance premiums in bitcoin, this will cost you less bitcoin every year over time. \n\nOur clients, who are just getting red, and orange pilled, have to straddle the lines between what they are philosophically aligned with, and what their country uses. Let me know if you need anything else.",
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