The recent U.K. pension fund crisis reveals the only option for such entities: adopting bitcoin as soon as possible.This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps.I’m going to use the California Public Employees Retirement System (CalPERS) as a proxy for your general pension system. According to investopedia, the CalPERS invested roughly a third of their money into bonds with a target annual return for the fund at 7%. Bonds are referred to as fixed income because ...
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