Warren Buffet was right when asked why he wasn’t really into a lot of crypto. He said because its based on nothing-I give money to the crypto company and get a digital receipt in return with the hopes that I will get a return. What happens when I want my real money back? I’m betting zero finpro carriers are interested in providing any cover for this stuff going forward. It’s clear just too easy to steal or redirect your real cash and your money simply vanishes.
Smart move for insurance carriers. It was an obvious ponzi scheme. Claim denied!
Warren Buffet was right when asked why he wasn’t really into a lot of crypto. He said because its based on nothing-I give money to the crypto company and get a digital receipt in return with the hopes that I will get a return. What happens when I want my real money back? I’m betting zero finpro carriers are interested in providing any cover for this stuff going forward. It’s clear just too easy to steal or redirect your real cash and your money simply vanishes.