As an actuary - fighting this notion for 2 years has nearly deranged me.
There has never been a risk free asset. Bitcoin is the closest thing we’ve ever had.
Everything in life comes with risk, even holding bitcoin in self-custody. To think that for some reason treasury bonds provide "risk-free" returns is absolutely delusional. Not only that, it is extremely dangerous.
https://tftc.io/martys-bent/issue-1331-risk-free-doesnt-exist/
As an actuary - fighting this notion for 2 years has nearly deranged me.
There has never been a risk free asset. Bitcoin is the closest thing we’ve ever had.
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