The "What is Money?" Show

Life Insurance On A Bitcoin Standard with Zac Townsend (WiM504)

Episode Summary

Zac Townsend joins me to discuss the history and purpose of life insurance, misaligned incentives in death and money, the unique advantages of life-insurance on a Bitcoin standard, the risks associated with borrowing against your Bitcoin, and the vision of meanwhile.com, the world’s first and only life insurance company denominated in Bitcoin. Zac Townsend is the co-founder and CEO of Meanwhile, the world's first Bitcoin life insurance company.

Episode Notes

// GUEST // 

Meanwhile: https://meanwhile.bm/ 

Website: https://zactownsend.com/ 

X: https://x.com/ztownsend 

LinkedIn: https://www.linkedin.com/in/zactownsend/

// SPONSORS // 
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The Farm at Okefenokee: https://okefarm.com/ 
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Swan Bitcoin: https://www.swanbitcoin.com/breedlove22/


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// OUTLINE // 
0:00 - WiM Intro 

1:08 - Helping Lightning Startups with In Wolf's Clothing 

1:59 - The History and Purpose of Life Insurance 

12:15 - Tax Benefits of Life Insurance 

16:22 - Misaligned Incentives in Death, Money, and Insurance 

25:01 - The Art of Alpha Retreat 

26:33 - The Farm at Okefenokee 

27:59 - Bitcoin and Life Insurance 

36:07 - Advantages of of Bitcoin-based Life Insurance 

40:34 - Heart and Soil Supplements 

41:34 - Swan Bitcoin: Set up Instant and Recurring Bitcoin Buys 

42:30 - Risks Associated with Borrowing Against Bitcoin 

47:57 - Counterparty Risks vs Rewards 

56:30 - The Vision of “Meanwhile.com”


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