Bitcoin backed loan as insurance

Hi folks Does anyone here would like to use his or her bitcoin to take a bitcoin-backed loan in order to cover for an emergency? This way you don't have to sell your bitcoin and take out an expensive insurance. What kind of legacy traditional finance insurance type and cost would you be able to dispose off as a result? submitted by /u/kheirman [link] [comments]
http://dlvr.it/SslLdw