Nathan on Nostr: The alliteration makes me think he practiced this quote! But it perfectly expresses ...
The alliteration makes me think he practiced this quote! But it perfectly expresses something that drives me crazy. Bitcoin might be volatile but it’s NOT risky, at least not in a comparable way to other assets.
Risk != volatility.
Risk = the permanent loss of capital.
The real risk in Bitcoin is in things like managing keys and backups and avoiding the $5 wrench attack.
Published at
2024-09-09 23:45:37Event JSON
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"content": "The alliteration makes me think he practiced this quote! But it perfectly expresses something that drives me crazy. Bitcoin might be volatile but it’s NOT risky, at least not in a comparable way to other assets.\n\nRisk != volatility.\n\nRisk = the permanent loss of capital.\n\nThe real risk in Bitcoin is in things like managing keys and backups and avoiding the $5 wrench attack. \nhttps://m.primal.net/KlTd.jpg",
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