In part three of our series on conversations around crypto, we speak with Adam Schenk, managing director of Milliman Finanical Risk Management. Watch parts one and two here.
Milliman FRM focuses on risk management for retirement savings, an industry you might expect to take a tempered approach to cryptocurrency. They produced a paper on including bitcoin in retirement accounts in early 2018, finding that there are still hurdles to including cryptos. But given the presence of Bitcoin futures, Schenk says cryptos, and more importantly blockchain, are on their way to becoming a trusted asset.
“If we have futures then I’m an optimist on Bitcoin’s legitmacy, which probably means it’s going to appreciate,” he told us.
Watch our full discussion with Schenk above.