Insurance Policy
Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe
Bill Miller the billionaire founder and Chief Investment Officer of investment firm Miller Value Partners, has said he considers Bitcoin (BTC) an “insurance policy against financial catastrophe.” Appearing on an episode of the “Richer, Wiser, Happier” podcast on May 24 Miller backed the cryptocurrency as a means for those caught in conflict to still access financial products. He used the collapse of financial infrastructure in Afghanistan after the US withdrawal in August 2021 as an example. “When the US pulled out of Afghanistan, Western Union stopped sending remittances there or taking them from Afghanistan, but if you had Bitcoin, you were fine. Your Bitcoin is there. You can send it to anybody in the world if you have a phone.” Miller said examples of how the crypto can function as ins...
Archbishop Kaigama: Why Nigerians are afraid to accept coronavirus vaccine
File Photo Catholic Archbishop of Abuja, His Grace Most Revd. Ignatius Kaigama, on Sunday, said many Nigerians are afraid to accept the COVID-19 vaccine because they believe that the health crisis was being manipulated by some people. Kaigama, who stated this in Abuja during his homily at St. Jude’s Parish Zuba, however, urged Nigerians to disregard insinuations that the vaccine was not medically safe and affordable. He said, “Even though many today will seriously question facts about COVID-19 and fear that there is manipulation by some people, we know that the disease is real. “People very dear to us have died of coronavirus disease. There is no doubt that our world is currently sick, ravaged by the COVID-19 pandemic. “The fear today is that the menace of Coronavirus will continue to be w...
