is it insane to want a 5% allocation to independent, uncorrelated, uncensorable assets ... Yes --- when your "independent" assets have little to no history of

is it insane to want a 5% allocation to independent, uncorrelated, uncensorable assets ... Yes --- when your "independent" assets have little to no history of success or stability beyond speculation, manipulation and promotion for questionable motives and arguably carries a much greater risk than the one you're looking to hedge against. Crypto is one of the world's most volatile "assets". The only way it achieved any stability is through largely imaginary ties to fiat using "stable coins". In other words, avoiding risk by adopting even more doesn't make much sense. "Smart money" doesn't buy into a startup with no real world product or assets in order to avoid risk. Ask yourself this question --- why hasn't every profit driven bank and corporation offered their own crypto already? They have way more ability to promote it than bitcoin. The only reason they haven't is because they don't see any real advantage in the long run.