Re:MicroStrategy's Bitcoin Debt Bet
by hapticmonkey on Sunday December 13, 2020 @08:26PM
(#25412384)
The investment strategy for Bitcoin has always seemed pretty simple to me: It could be worthless one day, but there's also a chance it could be worth 10x or 100x or 1000x as much.
That asymmetry means investing even just a small amount (that you're comfortable losing) is an obvious choice.
It's also a fascinating technology (politics and monetary theories aside) and having some "skin in the game" makes you much more motivated to learn about how it works.
That asymmetry means investing even just a small amount (that you're comfortable losing) is an obvious choice.
It's also a fascinating technology (politics and monetary theories aside) and having some "skin in the game" makes you much more motivated to learn about how it works.