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Dr. John Donnellan Included as Subject Expert in Article on Bitcoin and Pension Portfolios
JERSEY CITY, N.J. | (NJCU) professor Dr. John Donnellan,a Fulbright Scholar and the chair of NJCU’s Management Chair, is included as a subject expert in an NJ.com and Jersey Journal article entitled “”.&Բ;
The July 28, 2024 article was published by and explores the topic of the City of Jersey City’s decision to enter the cryptocurrency market by investing a piece of the city’s pension fund. The full article can be :
Dr. Donnellan, who is also NJCU’s Fulbright Liaison, was one of two faculty members interviewed for the story, saying Mayor Fulop has diminished risk to the city by investing in an ETF, which is regulated.
Donnellan says buying into an ETF is a “smart” way to diversify investments and provide a “nice bump” for the pension without a potential large loss. He said people are attracted to Bitcoin because “it is a non-sovereign nation currency” regulated “by the people.”
“The way I look at crypto ETF, just remove the word crypto, if I put energy or water ETF, who cares?” said Donnellan. “Nobody would mention anything. The minute you put in the word crypto there is a fear of the unknown because it is still not fully understood.”
Media seeking an NJCU faculty or staff member as a subject expert are encouraged to contact communications@NJCU.edu for assistance and guidance.
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Contact:
Ira Thor, Associate Vice President for University Communications | ithor@njcu.edu | 201-200-3301