Investing in a Pension Fund

Crypto is a new asset that's uncorrelated to other assets, and it has a high expected future return. For pension funds who have a long time horizond, this is a very interesting asset. At the margin, you are bringing in large buyers who are otherwise absent from the industry. This is one of the reasons why gold never became a big part of portfolios. It is for wealthy people, family offices, maybe endowments,. But for pension plans and stuff, they're like it doesn't give me a return to pay my pensioners with. So i always have to hope it goes up.