Insurers have to hold roughly half the premiums they collect as reserve. By regulation, that cash sits idle. Babylon co-founder @baby_fisherman explains there's a new business opportunity. Insurance company can use Bitcoin as the reserve asset so that the otherwise frozen cash there can be used to do investment. He assets that the risk Bitcoin is exposed to is no longer correlated to crypto. It's no longer even correlated to stock market. Watch the full episode.
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