Insurance For Cryptocurrency Assets Now Possible
I keep emphasizing that although we are still in an extensive Bitcoin winter, imphastructrue building continues at a rapid pace. This can only mean that mass adoption is inevitable, at some unknown time in the future. Being able to insure your crypto holdings against loss is a major step forward for all of us. It reduces the risks associated with owning crypto assets. Another way to look at this news is for the insurance industry to agree to insure an asset, it has to meet their strict criteria for them to even get involved. More good news while we wait out this winter. HODL everybody.
https://www.cryptoground.com/a/winklevoss-twins-gemini-exchange-gets-insurance-for-crypto-assets
Hi @Clayrawlings,
It's really great news. Now people will be more confident holding Crypto.
It’s a major step to words future of Crypto. And this step will minimize the fear among Crypto holders.
And sir all the best for your upcoming video. I am eagerly waiting for that.
Hi @ clayrawlings, whenever a new system discovered. People reacted mostly in two ways. First some adopt it while other deny it. People who adopt it they think it is the best system and it will expand in future. While those people who do not adopt it they think it is useless. Same is the case with cryptocurrency. What do you think.
You are absolutely right. With new ideas, first they laugh at you, then when it starts to take off they resist you. When it finally achieves mass adoption, they claim it was their idea all along. Such is the human race.
That’s a great news. It’s been a lot day to see you writing hear. Good to see you back in action @clayrawlings
Wow this is great news, now people will invest in crypto more confidently.
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