Cryptocurrency was called a profitable asset, and one can buy insurance with the help of bitcoin

Crypto enthusiast: cryptocurrency is a profitable purchase

However, then the TV presenter reconsidered his point of view. He began to view bitcoin as a tool to protect against inflation and diversify the investment portfolio.

According to Kramer, he acquired BTC when it was worth about $ 12,000. The TV presenter decided to fix the profit when the first coin became more expensive than $ 60'000.

“Now I have both a house and some crypto assets. I think I won with a good deal,” Kramer said.

Bitcoin can be used to purchase insurance

“This move is in response to the growing customer demand for alternative payment solutions, where new technologies play the most important role,” said Claudia Bienentro, head of open innovation at AXA Switzerland.

The insurance company does not charge additional fees for BTC payments. For now, AXA Switzerland has no plans to connect other cryptocurrencies to its system.

WEF: regulators are very interested in cryptocurrencies

“We’re going to see another round of pretty dramatic attempts at regulating this space. As there’s more and more activity in these spaces there’s more and more demand signal for regulators to get engaged and involved,” Warren said.

She spoke out after Coinbase became the first crypto platform to be listed on the Nasdaq.

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