South Korea's national pension fund bought $20m of Coinbase shares.

It's ridiculous 😂 and ironic 😒. The previous administration of South Korea stated that cryptocurrencies(Hereinafter, cryptos) are speculative assets, and investing them is just gambling 😡

So, I thought the NPS(National Pension Service), one of the world's largest funds, won't invest cryptos. However, now it definitely seems that they're into cryptos. You know what, ordinary Koreans are negative for investing cryptos. So, I think the NPS was looking for other ways to invest cryptos. Coinbase can be a good option against investing cryptos. It's listed on NASDAQ, and the 1st crypto exchange in terms of the 24h trading volume in the United States America.

As long as Korean Centralized Bank prints tons of credit currency, KRW(Korean Wons) of purchasing power will be decreasing. It's been proving since South Korea government established 1948. The NPS should hedge the inflation of their currency by investing cryptos or stocks related to them such as centralized exchanges or crypto mining companies.