Zac Townsend
@zt
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Zac Townsend
@zt
The price of BTC has gone down 6% in the last week but up 178% in the last year. Folks shouldn't even consider trading BTC daily. It is a long-term asset. Our policyHODLers get BTC life insurance for the very long term with all the safety, protection, and tax benefits of normal LI just entirely in Bitcoin
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Zac Townsend
@zt
Our insurance company works by taking in premiums, investing them along our own solvency capital, and getting steady, conservative returns in BTC. We've had no losses. We're launching a credit fund on top of that experience. https://www.theblock.co/post/266555/meanwhile-bitcoin-private-credit-fund-sam-altman-crypto
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Zac Townsend
@zt
Life insurance is the perfect vehicle to HODL BTC for inter generational wealth, that’s why we have raised $19M and built and launched the first life carrier entirely denominated in a digital asset https://www.coindesk.com/business/2023/06/06/bitcoin-denominated-life-insurance-provider-sets-up-shop-with-19m-funding/
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Zac Townsend
@zt
Once SVB is sold this weekend, I can finally write a blog post about their acquisition of my company and how I was highlighting this exact scenario ten years ago.
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