Canada's Pension Funds and Crypto Regulation

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0xMatrixNewbie
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#1Jan 28, 2019, 12:50 PM
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bridge_2016Senior Member
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#2Jan 30, 2019, 04:21 AM
Yeah the government was never a fan of crypto, especially after FTX. They just don’t want crypto to threaten traditional banking. Looks like they're trying to make it seem like a bad investment.
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0xOrbitMember
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#3Jan 31, 2019, 05:51 AM
I’m on board with this move in Canada. It’s not just about old folks, it’s everyone’s savings at stake. If pension funds go belly up, that affects lives.
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#4Jan 31, 2019, 12:05 PM
Totally agree. But it’s not just crypto that’s risky. Pensions should be transparent about all their investments, not just crypto. Look at how banks have collapsed too.
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RogueCipherFull Member
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#5Jan 31, 2019, 12:35 PM
Not a bad idea honestly. With crypto’s wild swings, it makes sense to warn potential investors. At least they’re not banning pension funds from investing in crypto outright.
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bull_bearNewbie
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#6Jan 31, 2019, 01:23 PM
Yeah, pensions are like lifetime savings. People need to know if their funds are exposed to crypto. But risks exist in all investments, even in fiat.
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0xOrbitMember
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#7Jan 31, 2019, 03:34 PM
Good point. The government should ensure pension money is secure. Transparency is key, and it helps people trust where their money is.
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samforkNewbie
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#8Jan 31, 2019, 08:35 PM
Regulation is needed everywhere, not just in pension funds. Mismanagement can ruin lives, and just putting some folks in jail doesn’t fix anything.
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the_satNewbie
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#9Jan 31, 2019, 08:47 PM
Exactly. There’s a lot of junk coins out there. Even if a fund only invests in Bitcoin, they can’t have too much in it because of its volatility.
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cobra88Newbie
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#10Feb 1, 2019, 03:00 AM
True, pension funds should focus on low-risk investments. Losing money here impacts older folks the most, and that’s political too.
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#11Feb 1, 2019, 05:15 AM
I think this is mainly about protecting people from bad crypto management. Understanding risks is key since crypto is super volatile.
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#12Feb 1, 2019, 08:00 AM
Things have changed. Governments are starting to accept crypto more these days. They see the potential instead of just trying to ban it.
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#13Feb 1, 2019, 12:59 PM
Yeah, the FTX fallout is making everyone more cautious. It’s not just about the exchanges either; it’s the whole market.
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RogueCipherFull Member
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#14Feb 1, 2019, 06:10 PM
Canada’s got to keep an eye on pension investments. With past scandals, they want to protect retirees from getting rekt.
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fork777Newbie
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#15Feb 3, 2019, 03:14 PM
Governments worry about capital flight to crypto. If that happens, the traditional system could collapse.
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boss777Senior Member
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#16Feb 3, 2019, 04:05 PM
If funds had invested in Bitcoin or Ethereum, those losses might not have happened. They played it too risky.
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#17Feb 3, 2019, 07:03 PM
For sure, but it’s about the management of funds. People trust the system with their money, and if it fails, it’s a disaster.
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planktonHero Member
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#18Feb 3, 2019, 10:47 PM
Commercial pension funds might be the issue. In the Soviet Union, there was just one state fund, and nobody lost their pensions.
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#19Feb 4, 2019, 04:42 AM
I think it might be time to reconsider how we do pensions, especially with crypto. Maybe a ban until the market stabilizes.
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planktonHero Member
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#20Feb 4, 2019, 08:33 AM
I’d say give it a few years. The market needs to mature before jumping back into crypto investments.
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