| This is the second chapter of the “Bitcoin Portfolio Insurance” series, where Jason Sansone, a Bitcoin enthusiast and surgeon and Gregg Foss, a former hedge fund manager with over 32 years in high-yield credit trading, explain the complex world of bonds. They explain its disingenuous and obfuscated high risk profile and how Bitcoin, contrary to what most people think, is an insurance asset and a risk diminisher for any investor’s portfolio.
In this chapter, they continue their discussion of bonds but this time, focus on the risks inherent to owning them, the mechanics of credit crises and the evident symptoms of a contagious financial disease spreading worldwide: like last year's GME’s short squeeze. They also talk about the lessons learnt from the Great Financial Crisis, the COVID-19 crisis and the FED's quantitative easing. | 