points by schleck8 6 hours ago | 0 comments
> As of 2026, the SAFU fund comprises crypto assets valued at approximately US$1 billion, held entirely in Bitcoin
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.