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The Pomp Podcast

#1347 Zac Townsend | Bitcoin Life Insurance Is Coming Fast!

Apr 22, 2024
32:55
Snipd AI
Zac Townsend, CEO of the world's first bitcoin life insurance, discusses using bitcoin to eliminate risk, tax advantages, and building Meanwhile. The podcast also explores PropyKeys, an app minting home addresses on blockchain to make homeownership affordable. Join Supra's program for free price feeds and Pomp's daily letter on business and finance.
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Podcast summary created with Snipd AI

Quick takeaways

  • Bitcoin in life insurance provides stability and long-term value preservation.
  • Blockchain technology like PropyKeys aims to make homeownership affordable and user-friendly.

Deep dives

Understanding Traditional Life Insurance

Life insurance has a rich history dating back to sailors in Venice who contributed small premiums to protect their families in case of unfortunate events. The concept of risk-sharing underpins life insurance, where individuals pool resources to provide financial security for unforeseen circumstances. Over time, governments incentivize life insurance through tax advantages to encourage individuals to safeguard themselves and their families.

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