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Comment by echoangle

> And decreasing, since BTC is dropping as we speak. Always a good idea to hedge a currency with the currency itsself

Depends on what you’re insuring, no? For theft, it actually makes senses, right? That way, you’re insuring a constant number of coins, no matter what the market is doing. If you’re insurance currency would tank during a bitcoin heist, you would lose the insurance effect.

parent echoangle 2 days ago

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