Why I Think Crypto Insurance is a Waste of Money!


As we continue to pour money into DEFI, many of us are looking for solutions to “protect” ourselves, but is crypto insurance really the best way? Since crypto carries so much systemic risk, I personally believe that crypto insurance companies are undercapitalized, and “overvalued” in this space.

In this particular video, we do specifically mention the Anchor Protocol, and the insurance companies covering Anchor’s risks.

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