TheGuySwann on Nostr: But why would you diversify into something with counterparty risk and that can be ...
But why would you diversify into something with counterparty risk and that can be inflated away from something that has no counterparty risk and is perfectly scarce?
Still aren't understanding, it isn't an investment. It's a money. The entire apparatus and culture of "diversify your investment" is a product of a shit money system that we've grown up in. It never made sense and is nothing but a pointless, wasteful friction.
Published at
2024-11-13 19:03:10Event JSON
{
"id": "fd1495077f178457f40a215dee4e747e854e0bd120eb09db1283171000d5bc99",
"pubkey": "b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc",
"created_at": 1731524590,
"kind": 1,
"tags": [
[
"e",
"9df6b84e7926b1830309ae94a70e319ddc8ced411e3346fa7620e97e9338dc71",
"",
"root"
],
[
"e",
"d7a688a04b2408c360b0978769b25f0ec53bd9223a4baa0f7c92c053703d22f6",
"",
"reply"
],
[
"p",
"a80fc4a78634ee26aabcac951b4cfd7b56ae18babd33c5afdcf6bed6dc80ebd1"
],
[
"p",
"d3930fe19920061c5f41f70101a581c39c2a01852df1aa188b3fa15549311a57"
],
[
"p",
"b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc"
],
[
"p",
"f42176a18ff2f08d4dfff46ba91c786b705eaa0925e9bd62940b25160ed621ae"
]
],
"content": "But why would you diversify into something with counterparty risk and that can be inflated away from something that has no counterparty risk and is perfectly scarce?\n\nStill aren't understanding, it isn't an investment. It's a money. The entire apparatus and culture of \"diversify your investment\" is a product of a shit money system that we've grown up in. It never made sense and is nothing but a pointless, wasteful friction.",
"sig": "3d988af7d557c866f01473396328a19a4c5ed4e2cbff251adeaf87bd364077b9283cde8bc47156e7ac40261f4318b52109937f45925964768aabc00f1ff77bac"
}
