5min chapter

The "What is Money?" Show cover image

How Bitcoin Changes Everything | The Saylor Series | Episode 17 (WiM065)

The "What is Money?" Show

CHAPTER

Using Bick Coin to Build an Investment Fund

Bick coin is a type of annuity that can be used to back insurance policies. Insurance companies have long durations, and their traditional funding vehicle is bonds. You could just take 50 billion dollars of your balance sheet that are your collected annuities or premiums, and you could buy bicoin with it. If yo swap the two, you've given up the upside of bick coin in return for getting the guarantee of 608 % interest. There's also an interesting hybrid twist on that, like, eh, if you look at fidelity,. fidelity sells all sorts of fixed income funds, municipal bond funds, sovereign debt funds, corporate bond funds, junk bond funds. They all have

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