We don’t think it’s too extreme to suggest that pension systems still in existence may have 3 future options:
👉Bust, Bailout or #Bitcoin hedge.
An asymmetric opportunity w/ strong fundamentals is needed for the natural survival of these distressed pseudo ponzi schemes.
Pensions are fucked. Social security is fucked. Medicare is fucked.
Millennials and Gen Z are fucked without Bitcoin.
The interesting thing is that their hedge becomes the dominant allocation over time assuming no rebalancing.
These funds operate in dollar terms, so rebalancing will always occur.
Humans really need to hedge against their pension funds collapsing. Cut your losses & stop the slow bleed.
