EPISODE · Nov 18, 2021 · 43 MIN
EP365 500Billion Pension Fund Will Lose Money Without Bitcoin.
from Simply Bitcoin · host Simply Bitcoin
Simply Everything Bitcoin / Nov 17th 2021 ► California's Largest pension fund that has $500B dollars is getting into a riskier assets to seek a larger return. However their 6.2% return is the same as the recently announced biased 6.2% inflation, meaning their actual rate of return is zero if you believe government numbers however like we've stated many times on the show if you include food and energy costs the actual rate of inflation is around 15-20%. So the California pension fund will actually be loosing money but there is a solution and that solution is Bitcoin ► Gary Leland creator of the Bit Block Boom conference one of the most Bitcoin Maximalist conferences tells us that a certain US Senator is going to be making an appearance at the conference ► VeChain Announces Proof-of-Authority concept for their altcoin, it's even more ridiculous than you think. ► Fully Noded v0.2.30 Released: https://twitter.com/fullynoded/status/1461000837287665667?s=21 ✔ Follow Gary Leland on Twitter: ► https://twitter.com/GaryLeland ✔ Checkout the Bit Block Boom Conference ► https://bitblockboom.com ✔ Get your Bitcoin 2022 Conference Tickets for 10% OFF ► Use Promo Code: SIMPLYBITCOIN ► http://tixr.com/pr/SIMPLYBITCOIN/26217 ✔️ Crypto Cloaks: ► http://www.cryptocloaks.com?afmc=2h&u ✔️ Citadel21: ► https://www.citadel21.com ✔️ Amber App: ► https://amber.app ✔️ CypherSafe:► https://cyphersafe.io ✔️ Join our Telegram, Give us Memes to Review! ► https://t.me/TheSimplyBitcoinChannel ✔️ Follow Us! ► https://twitter.com/SimplyBitcoinTV ► https://twitter.com/BITVOLT7 ► https://twitter.com/Coinicarus ✔️ Special Thanks to these Awesome Bitcoiners: ► https://bitcoin.clarkmoody.com/dashboard ► https://t.me/nobullshitbitcoin ► https://twitter.com/DocumentingBTC Timecodes: 0:00 - Intro 0:21 - BTC Stats 3:03 - Daily Fail 20:43 - Meme Review 24:24 - BTC News 42:00 - Software Release DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.
What this episode covers
Simply Everything Bitcoin / Nov 17th 2021 ► California's Largest pension fund that has $500B dollars is getting into a riskier assets to seek a larger return. However their 6.2% return is the same as the recently announced biased 6.2% inflation, meaning their actual rate of return is zero if you believe government numbers however like we've stated many times on the show if you include food and energy costs the actual rate of inflation is around 15-20%. So the California pension fund will actually be loosing money but there is a solution and that solution is Bitcoin ► Gary Leland creator of the Bit Block Boom conference one of the most Bitcoin Maximalist conferences tells us that a certain US Senator is going to be making an appearance at the conference ► VeChain Announces Proof-of-Authority concept for their altcoin, it's even more ridiculous than you think. ► Fully Noded v0.2.30 Released: https://twitter.com/fullynoded/status/1461000837287665667?s=21 ✔ Follow Gary Leland on Twitter: ► https://twitter.com/GaryLeland ✔ Checkout the Bit Block Boom Conference ► https://bitblockboom.com ✔ Get your Bitcoin 2022 Conference Tickets for 10% OFF ► Use Promo Code: SIMPLYBITCOIN ► http://tixr.com/pr/SIMPLYBITCOIN/26217 ✔️ Crypto Cloaks: ► http://www.cryptocloaks.com?afmc=2h&u ✔️ Citadel21: ► https://www.citadel21.com ✔️ Amber App: ► https://amber.app ✔️ CypherSafe:► https://cyphersafe.io ✔️ Join our Telegram, Give us Memes to Review! ► https://t.me/TheSimplyBitcoinChannel ✔️ Follow Us! ► https://twitter.com/SimplyBitcoinTV ► https://twitter.com/BITVOLT7 ► https://twitter.com/Coinicarus ✔️ Special Thanks to these Awesome Bitcoiners: ► https://bitcoin.clarkmoody.com/dashboard ► https://t.me/nobullshitbitcoin ► https://twitter.com/DocumentingBTC Timecodes: 0:00 - Intro 0:21 - BTC Stats 3:03 - Daily Fail 20:43 - Meme Review 24:24 - BTC News 42:00 - Software Release DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.
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EP365 500Billion Pension Fund Will Lose Money Without Bitcoin.
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