Bitcoin life insurance is offering BTC hodlers new tax advantages

Danny Baer of Meanwhile explains why some long-term Bitcoin hodlers are suddenly excited about whole life insurance policies.

As interest in cryptocurrency has grown over the years, so too have the myriad applications for its use. The OG cryptocurrency, Bitcoin, is no exception, as evidenced by 2024’s explosion of interest in exchange-traded funds, Bitcoin decentralized finance and ordinals.

One such new use case for Bitcoin (BTC) is its role in the life insurance industry, pioneered by Meanwhile, which describes itself as the “first and only life insurance company denominated in Bitcoin.”

On Episode 14 of The Agenda podcast, hosts Jonathan DeYoung and Ray Salmond spoke with Danny Baer, Meanwhile’s director of wealth and asset management, to discover how Bitcoin-denominated life insurance works and learn about the tax benefits it offers BTC hodlers.

Read more

About the author

Text Widget

Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.

Recent Works