I like this idea. I do wonder about this though. Currently there are far to few businesses using bitcoin to warrant insurance companies creating this service. As the number of businesses using / accepting bitcoin grows that will increase the ability of this insurance service but it will also increase BTC market price stability.

I think this is a problem that solves itself. Over the years I have come to think Vijay Boyapati perspective on bitcoin from his book is right. Bitcoin will go through phases of adoption and understanding.

Bitcoin's most obvious use case is store of value. People usually see that first and its pretty obvious. People don't always get the medium of exchange due to price volatility and also due to the fact in most developed countries there are good solutions for electronic transactions.

As more people understand bitcoin's store of value value the volatility will decrease. It will never go away. In places where the state has a heavy hand censoring transactions the medium of exchange is already in demand. But as bitcoin is better understood volatility will decrease naturally.

It is so dumb to me that people that have been in bitcoin for years get into arguments about this stuff. It seems rather clear to me. Markets act in very emotional ways in the short term but long term they tend to figure stuff out. Governments around the world keep giving us more marketing material and making bitcoin's use cases more clear.

Now, I'm not saying we don't need to promote adoption or be passive. No, we need to be using the tools and helping developers make sure they work and teaching others. I suspect that when the fiat system collapses it will happen suddenly. Best to be prepared. Both for the ability to help those you love but also as a valuable skill that will be in high demand.