This is an opinion editorial by Dom Bei, the former Santa Monica Firefighters Union president.
Author’s note: Pension issues have been in and out of the media for decades. My own background and perspective on these issues come from over a decade of experience as an executive board member for my local firefighter’s union. Additionally, I sat on my municipality’s pension advisory board, where I learned the fundamentals of pension funds. This is a complex issue, but one worthy of our time and attention due to its significance in the global financial system and the lives of our workforce.
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What if I told you that the largest pension fund in the United States could be rescued by Bitcoin? Furthermore, what if it could happen in a way that maintains 100% of its primary portfolio investments in traditional markets? I know. For those who don’t “Bitcoin,” many of you will stop here. But I urge you to read on a bit further. And for those who do Bitcoin, there is likely
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