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Navigating Bonds and Crypto: The Shifting Landscape
This chapter explores the intricacies of corporate bond issuance and the role of junk bonds in investment portfolios, particularly in the context of an aging demographic. It discusses the challenges faced by institutional investors regarding Bitcoin investment due to regulatory barriers, while emphasizing Bitcoin's potential as a leading store of value. The conversation delves into the implications of macroeconomic trends, the rise of Bitcoin in corporate finance, and the evolving attitudes towards digital assets versus traditional investments.