You know things are changing when bloomberg and forbes are reporting crypto news as they do other money matters. It is nice to see these stories popping up more in traditional marketing websites and I hope to see a ticker added soon to all market sites. The news from bloomberg this time is about pensions and how a part of them should be invested in crypto.
The idea is that 1% of pensions should be allocated to crypto. It is a risky asset but with such a high payout and low percentage of your total investment it is a smart play. And now might be the time to get in by the looks of things. You hear these arguments all the time from crypto bulls and people in the industry but now it is being said by a consultant for pensions. It is his job to study optimal strategies for pensions and it looks like that means crypto.
It is still long term and he says make sure you do a lot of research but it is cool to see more and more non-crypto people entering the world of crypto. I think soon there will not be a divide and crypto will be part of the finance world as stocks and gold are.
Here is the link for more info:
https://www.bloomberg.com/news/articles/2019-02-18/it-s-time-to-consider-crypto-says-pension-and-endowment-adviser
I still see people joking around about crypto, and not taking it seriously.
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