Should the fund invest in Bitcoin instead?
I think about the fund as belonging to the state, and that it won't do any good to us in the future. I don't want it to start competing for Bitcoin with citizens. But the fund not having any allocation to Bitcoin at all makes little financial sense.
Indeed there are two topics here.
Bitcoin as an allocation option and bitcoin as form in which revenue is shared.
My question was about the form in which the fund could share the revenue. I agree misallocation risk is part of owning and is up to the owner.
My thinking was along the lines of: how about use bitcoin for revenue payouts, because being a lower time preference good than fiat, it incentivizes sounder saving, investment and building individual wealth.
