Re:Why I have zero faith in crypto venture capitalists
by mech422 on Sunday June 13, 2021 @03:20PM
(#27495443)
Wow - I specifically called out that most people don't write mortgages, presented what I thought was a relevant scenario for the 'average person' ...
And you specifically go out of your way to pretend you didn't see it/understand it? Yeah - 'constructive' doesn't seem to be likely
The difference is that intrinsic value provides a floor for potential losses and therefore reduces risk. If you can't understand why a worst case scenario of losing 20% of your investment is better than a worst case scenario of losing 100% of your investment, then I don't think you and I are going to have any constructive discussions about investing.