When I asked a similar question to Australian Super back in August 2020, I’d be gob smaked if the response you get is very different or more informed, including if they differentiate between shitcoins and #bitcoin:
"We don’t have any plans to invest direct in crypto-currencies at this time or have a stand-alone cryptocurrency investment option.
In our view, crypto-currencies carry significant risks and have little to no regulation. There’s also the risk they may be used by organised crime and terrorist groups, and have the potential to be classified as illegal by governments, and rendered worthless to investors.
At this stage, we believe these assets are too speculative in nature and almost impossible to accurately value. Therefore, as fiduciaries for members’ retirement savings, we don’t believe they’re currently a prudent investment that fit within our commitment to help members achieve their best retirement outcomes.
Sincerely
AustralianSuper”
AndyBTCAdviser / Andy⚡️🇦🇺
npub1nu…28x3m
2023-03-01 07:08:32
in reply to nevent1q…9ras
Author Public Key
npub1nul4qg8he2dyn3hsyk4a3vcr963vakskyjp43yv9dy7j9frd7yhqh28x3mPublished at
2023-03-01 07:08:32Event JSON
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"content": "When I asked a similar question to Australian Super back in August 2020, I’d be gob smaked if the response you get is very different or more informed, including if they differentiate between shitcoins and #bitcoin:\n\n\"We don’t have any plans to invest direct in crypto-currencies at this time or have a stand-alone cryptocurrency investment option.\n\nIn our view, crypto-currencies carry significant risks and have little to no regulation. There’s also the risk they may be used by organised crime and terrorist groups, and have the potential to be classified as illegal by governments, and rendered worthless to investors.\n\nAt this stage, we believe these assets are too speculative in nature and almost impossible to accurately value. Therefore, as fiduciaries for members’ retirement savings, we don’t believe they’re currently a prudent investment that fit within our commitment to help members achieve their best retirement outcomes.\n\nSincerely\n\nAustralianSuper”",
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}