Re:Bitcoin Investors Buy Puts Aggressively
by Gettingolderev on Thursday August 08, 2024 @06:00AM
(#41189793)
It is not like gold...
I can hold gold. I can exchange it in a post war economy without internet. the industry actually consumes gold.
Bitcoin is a commodity (like gold): the only play you have is on price.
If it goes up, you make money; if it goes down, you lose money (unless you short it).