Rusty Russell on Nostr: So, there's a place offering Bitcoin-denominated life insurance. Here's the problem ...

So, there's a place offering Bitcoin-denominated life insurance. Here's the problem though: they invest the funds to make return in *Bitcoin*.

But there are few if any Bitcoin-native opportunities. We also know that Bitcoin's gains are in a handful of market days per year.

IOW I cannot see a way of making "conservative" investments and outperforming Bitcoin, since such investments will be dollars.

If it seems too good to be true ...