As insurance industry giants begin to enter the bitcoin space, we discuss the implications for bitcoin’s proposition as a store of value. Will the satoshi rate become the new risk-free rate? Are there any good reasons for bonds to exist in a world in which bitcoin works? What is the case for holding gold in a bitcoin world?
Links:
NYDIG Announces Appointment of New York Life Chairman and CEO Ted Mathas to its Board of Directors
NYDIG Raises $200 Million from Strategic Partners
Institutional Bitcoin Provider NYDIG Announces Minority Stake Purchase by MassMutual