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Title: [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines Post by: LiteCoinGuy on June 03, 2014, 06:24:47 PM $5 Billion Insurance Company Offers Bitcoin Coverage to Businesses
http://www.coindesk.com/great-american-insurance-bitcoin-coverage-businesses/ and the next big news :) Title: Re: [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines Post by: acs267 on June 03, 2014, 06:25:31 PM It's getting accepted more and more. Best news for right now.
Title: Re: [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines Post by: LiteCoinGuy on June 03, 2014, 07:05:30 PM http://cryptocrimson.com/2014/06/big-business-insurance-moves-bitcoin/
Title: Re: [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines Post by: kjlimo on June 03, 2014, 07:21:53 PM almost like these bitcoins are real!
Title: Re: [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines Post by: lewisg on June 04, 2014, 07:33:57 AM The Insurance Company needs to calculate what the demand/value would be if x% of international/national trade were conducted in BTC. Then we would know where we're at.
Title: Re: [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines Post by: bryant.coleman on June 04, 2014, 07:53:35 AM Hmm... good news. But I am a bit skeptical as well. Unlike the fiat business, Bitcoin-based business can be a lot more riskier. There is constant risk of wallet robberies and hacks.
Title: Re: [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines Post by: Ron~Popeil on June 05, 2014, 08:19:45 PM This is telling. Insurance companies are some of the best in the world at evaluating risk and future growth. This is a subtle but big bullish sign if these guys see bit coin as a long term safe investment.
Title: Re: [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines Post by: bryant.coleman on June 07, 2014, 03:06:50 PM This is a subtle but big bullish sign if these guys see bit coin as a long term safe investment. Offering insurance coverage for Bitcoins and Bitcoin-related business doesn't mean that the insurance giants are viewing it as a long term safe investment. But overall, it is a positive development for Bitcoin. Title: Re: [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines Post by: tins on June 08, 2014, 01:37:45 AM This is telling. Insurance companies are some of the best in the world at evaluating risk and future growth. This is a subtle but big bullish sign if these guys see bit coin as a long term safe investment. Maybe. As of now, the article states, that this coverage is only offered as an endorsement (rider) to a policy. Not offered as a stand alone policy. Title: Re: [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines Post by: Ron~Popeil on June 08, 2014, 03:42:59 AM This is telling. Insurance companies are some of the best in the world at evaluating risk and future growth. This is a subtle but big bullish sign if these guys see bit coin as a long term safe investment. Maybe. As of now, the article states, that this coverage is only offered as an endorsement (rider) to a policy. Not offered as a stand alone policy. You can cover great distances in big or small steps, the only difference is the amount of time it takes. |