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Here's how Meanwhile is trying to unleash the multitrillion-dollar insurance industry onto Bitcoin

Here's how Meanwhile is trying to unleash the multitrillion-dollar insurance industry onto Bitcoin

The BlockThe Block2024/12/18 16:00
By:The Block

Quick Take Meanwhile Co-Founder and CEO Zac Townsend explains his company’s model for Bitcoin-denominated life insurance, highlighting its benefits for crypto natives and newcomers alike.

Here's how Meanwhile is trying to unleash the multitrillion-dollar insurance industry onto Bitcoin image 0

Episode 77 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro and Meanwhile Co-Founder and CEO Zachary Townsend.

Listen below, and subscribe to The Scoop on YouTube , Apple ,  Spotify ,  Google Podcasts ,  Stitcher , or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]

Zachary Townsend is the co-founder and CEO of Meanwhile, a life insurance company for the crypto economy.

In this episode, Townsend and The Block's Frank Chaparro discuss Meanwhile's model of Bitcoin-denominated life insurance and the advantages of this approach vs. traditional dollar-denominated insurance policies, such as protection against inflation and the ability to borrow against the policy's value tax-free.

OUTLINE
00:00 Introduction
04:48 How Meanwhile works
10:33 Role of insurance in the Bitcoin economy
14:09 Charting new territory
16:38 Bitcoin vs dollar-denominated insurance
20:32 Approaching new customers
24:10 Zac’s background
26:23 Looking forward
30:04 Conclusion

GUEST LINKS
Zac Townsend - https://www.linkedin.com/in/zactownsend/
Zac Townsend on X - https://x.com/ztownsend

Meanwhile - https://meanwhile.bm/
Meanwhile on X - https://x.com/meanwhilelife

This episode is brought to you by our sponsor: Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more, head to polkadot.network

 


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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