TeslaLiberty on Nostr: So he did not understand bitcoin. And he did not understand RAROC - Risk Adjusted ...
So he did not understand bitcoin.
And he did not understand RAROC - Risk Adjusted return of Capital.
I already knew what that meant but you drove that home with me with Bitcoin.
There is NOTHING that comes even remotely close to bitcoin in terms of RAROC. Bitcoin is actually extremely low risk with extremely high reward. People confuse low risk with volatility. There are not the same. Bitcoin is extremely low risk but extremely highly volatile.
Example : Nvidia outperformed bitcoin on 5Y but I would buy bitcoin before NVIDIA every time when adjusting for RISK and the value of portability of bitcoin.
It's extreme stupidity to trade bitcoin for runes.
And he did not understand RAROC - Risk Adjusted return of Capital.
I already knew what that meant but you drove that home with me with Bitcoin.
There is NOTHING that comes even remotely close to bitcoin in terms of RAROC. Bitcoin is actually extremely low risk with extremely high reward. People confuse low risk with volatility. There are not the same. Bitcoin is extremely low risk but extremely highly volatile.
Example : Nvidia outperformed bitcoin on 5Y but I would buy bitcoin before NVIDIA every time when adjusting for RISK and the value of portability of bitcoin.
It's extreme stupidity to trade bitcoin for runes.