ilmscore | Prediction Details
"a better way to do it is to integrate an insurance policy like we insure banks with fdic insurance like we insure securities with sipc insurance and the crypto equivalent of that would be nice because if we're going to be expected to pay taxes on our crypto then there's no reason why we shouldn't be insured so if you have your money on something like crypto.com and if you were to lose it then you should be guaranteed to have your money back up to a certain amount"
By Andrei Jikh | January 21, 2022 | Pending
From video
$30 MILLION CRYPTO STOLEN 00:12:32 - 00:12:57
Interpreted Prediction
A better regulatory approach for crypto would be to integrate an insurance policy, similar to FDIC for banks or SIPC for securities, to protect users' funds up to a certain amount, especially since users pay taxes on their crypto.

Prediction Details

Topic
Crypto Insurance

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