[dzink]

The engineer in me immediately looks for ways to map out how tax avoidance via crypto trading on life insurance funds via a Bermuda company can possibly go wrong. Insurance has a nice long term cash flow that has proved very sweet for Berkshire Hathaway, and investment on top of that gets perks for the insurance. However Crypto, which has liquidity issues and is heavily scammed/stolen would benefit far more than the users of business. The holdings would stay for decades, allowing arbitrage of the main company with user investments. If there is a leak or a collapse of the crypto, the customers won’t know it until they can’t get their funds back, but since AI is handling the claims, they may never even find out the real reason they can’t get their money back. And since it’s life insurance, the buyer might never find out, while their descendants or loved ones may not know how to deal with it or be plenty confused by the lack of customer service. Very novel scheme.