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PaperImperium
@ImperiumPaper
Economics Lead at @megaeth. Views and opinions my own.
Joined July 2021
766 Following    10.6K Followers
Many sad stories would be a lot less sad if insurance was widely available. People insure self-custodied valuables all the time, either through their homeowner/renter insurance or a standalone specie/precious metals/collectibles policy. And yet, this kind of coverage in crypto appears to be minimal. Is that because no reliable insurers offer it or because few who self custodies wants/has access to it?
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For me personally moving forward I’m actually going to keep nothing on chain, this incident hasn’t just affected me heavily financially, but mentally too, so if I make any money it’s coming straight off and into fiat. I’m going to become a boomer and DCA into Bitcoin ETFs.
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