crypto

Me explaining my risk tolerance: max pain, max gain.

Dark but in a past life I wanted to be an actuary:

They will say bitcoin is too risky, but will divert 8-20% of their income into a 401K that unlocks at 60. The issue is you can look up survivorship rates since insurcos and actuaries build up these statistics, and you have around a 20% chance of dying before 60.

Basically liquid global cash reserves are too risky, but they don't account for the volatility that you receive $0 with 20% chance in a 401K (you're dead).

Engineering @Anchorage Digital | 

Crypto/blockchain tech enthusiast

Dark but in a past life I wanted to be an actuary:

They will say bitcoin is too risky, but will divert 8-20% of their income into a 401K that unlocks at 60. The issue is you can look up survivorship rates since insurcos and actuaries build up these statistics, and you have around a 20% chance of dying before 60.

Basically liquid global cash reserves are too risky, but they don't account for the volatility that you receive $0 with 20% chance in a 401K (you're dead).

https://www.ssa.gov/policy/docs/rsnotes/rsn2016-02.html

You think 100% allocation is too risky? Either way having no allocation is riskiest