Insurance Networking News: American Century Life announced this week that it would begin accepting Bitcoin to pay premiums. Why did you decide to do that?
Silberman: We think life insurance is an important product. We hear about people who passed away and don't have anything left behind to cover funeral expenses. Then they have to go family and friends, and it's obviously not a good situation. So however you want to be able to buy your policy or pay for for it, we want to be able to accept it. That goes for cash, checks, credit cards, and now Bitcoin. And we think Bitcoin will be an important tool in the future, so we want to be there.
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