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💥FACT OF THE DAY💥
Exacrly today, 13 years ago, a Bitcoin user started selling a special kind of insurance, called Credit Default Swaps, for Bitcoin loans.
They sold insurance on a total of 1000 bitcoins that would last for 6 months. This insurance was based on whether a Bitcoin investment would keep paying out as promised.
The insurance was split into ten parts, each covering 100 bitcoins.
People who bought this insurance had to pay a fee every month....👀😱 #BTC #ETH #GateioInto11 #ContentStar