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BTC and insurence policy
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Topic: BTC and insurence policy (Read 232 times)
ye..baby
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BTC and insurence policy
October 05, 2017, 06:15:23 PM
#1
Is there any insurance policy available in crypto system like the typical banking system? curious about it.
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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LoyceV
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Re: BTC and insurence policy
October 05, 2017, 06:19:43 PM
#2
Quote from: ye..baby on October 05, 2017, 06:15:23 PM
Is there any insurance policy available in crypto system like the typical banking system? curious about it.
No. Crypto is too volatile for that.
Byteball
offers flight delay insurance though, as a demonstration of it's capabilities.
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Intensity
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Re: BTC and insurence policy
October 06, 2017, 02:50:32 AM
#3
Coinbase offers insurance on digital currency they hold for you in the US. I don't know of anybody else who offers this.
https://support.coinbase.com/customer/portal/articles/1662379-how-is-coinbase-insured-
HabBear
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Re: BTC and insurence policy
October 06, 2017, 03:18:35 AM
#4
Quote from: ye..baby on October 05, 2017, 06:15:23 PM
Is there any insurance policy available in crypto system like the typical banking system? curious about it.
I haven't heard of any.
What would
you
want insurance for? The price? Tell us more.
o_e_l_e_o
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Re: BTC and insurence policy
October 08, 2017, 10:55:45 AM
#5
Your insurance policy is your Wallet Recovery Phrase which you should write down and keep somewhere private, safe and secure.
tyuner4
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Re: BTC and insurence policy
October 08, 2017, 03:47:22 PM
#6
I haven't heard from insurance policy in the crypto world or any insurance companies accepting BTC.
Insurance is in the milestone of Change Bank, I read that users will be able to buy insurance from its app in the future.
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