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?
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.