Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on October 17, 2020, 01:00:37 PM

Title: Bitstamp says its users are now covered against a broad web of crime
Post by: newshunter on October 17, 2020, 01:00:37 PM

Bitstamp says its users are now covered against a broad web of crime

Crypto needs insurance too.

Source: Bitstamp says its users are now covered against a broad web of crime (https://cointelegraph.com/news/bitstamp-says-its-users-are-now-covered-against-a-broad-web-of-crime)

Would appreciate your opinion about this

Title: Re: Bitstamp says its users are now covered against a broad web of crime
Post by: Noverteno on October 17, 2020, 04:54:35 PM

The emergence of insurance policies for cryptocurrency will greatly increase the popularity of the cryptocurrency itself, since it puts it on a par with other types of traditional business. This, of course, will not reduce the number of crimes committed in cryptocurrency, but it will significantly reduce the risk in it for market participants.

Title: Re: Bitstamp says its users are now covered against a broad web of crime
Post by: Bobcrypto on October 17, 2020, 10:29:29 PM

Yes, insurance is really a great boost for crypto adoption if it succeed in the entire crypto economy, and it will definitely increase people's interest and usage globally.
This will be a big plus to the development of crypto world wide; a situation that will also help to pump the prices coin/token to a new level than what it is currently trading now(2020).