A compelling case for crypto and why even Bogleheads should think about it. (note the allocation percentage)
Bitcoin for Bogleheads? Bogleheads should consider a long-term investment in cryptocurrency [Accidentally Retired] – “No one should be investing all of their assets in crypto. But as Boglehead, I want to be exposed to everything that the markets have to offer. This includes cryptocurrency that cannot be currently captured only through Indices.”
A Bad Solar Storm Could Cause an ‘Internet Apocalypse’ [Wired] – “SCIENTISTS HAVE KNOWN for decades that an extreme solar storm, or coronal mass ejection, could damage electrical grids and potentially cause prolonged blackouts. The repercussions would be felt everywhere from global supply chains and transportation to internet and GPS access. Less examined until now, though, is the impact such a solar emission could have on internet infrastructure specifically. New research shows that the failures could be catastrophic, particularly for the undersea cables that underpin the global internet.” That can’t be good.
Check, Please? How New York’s restaurants suddenly got so expensive — and why that’s probably for the best. [Grub Street] – “The food-service research firm Technomic pegs typical annual menu inflation at around 2.5 percent, accounting for natural fluctuations in costs of goods and labor. But according to the U.S. Bureau of Labor Statistics, prices at full-service restaurants have risen 4.3 percent in the past year, the largest 12-month increase ever recorded.”
How McDonald’s really makes money – fun video!