Bitcoin Projected as Solution to Ongoing Private Pension Crisis
Private pension fund managers should consider dipping their toes into bitcoin, believes Mark W. Yusko.
The Morgan Creek Digital co-founder lately projected the cryptocurrency as a mean to balance the risks associated with private pension funds. The recommendation came after the pension industry posted its second-worst performance since 1950 in the fourth quarter of 2018, exposing millions of retirees to a financially unstable future.
“Pensions have precisely wrong Asset Allocation at the p
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