{"type":"rich","version":"1.0","title":"jakewoodhouse wrote","author_name":"jakewoodhouse (npub1lt…6k4fh)","author_url":"https://yabu.me/npub1ltz38gwwmmg740r5qlqjn96gth5thv5wmhkwlgqks9lu3485q7jsy6k4fh","provider_name":"njump","provider_url":"https://yabu.me","html":"3 years ago I encouraged my family to allocate 10% of our investment trust into Bitcoin \n\nThankfully they agreed\n\nIt’s up 450%\n\nAnd is now 30% of the portfolio\n\nThe bulk of the capital is in tradfi allocations \n\nOne of our money managers told us at the time that you couldn’t beat inflation \n\nHis recommendation was to buy a tax exempt uk government bond with a “net yield” of 7%\n\nInterestingly, instead of seeing the power of Bitcoin to outpace inflation and protect family wealth\n\nNow they’re coming for the position to “take profit”, “de-risk”, and “re\n-balance”\n\nYou can guess what my opinion is\n\nNO….\n\nWe beat inflation \n\nYou said we couldn’t \n\nWe proved that you could\n\nAnd now you want diworsification\n\nProblem is, family members are lured in by their “regulated family wealth adviser” chat\n\nSome tricky conversations ahead\n\n\n\n\n"}