Laeserin on Nostr: Yeah. Just sometimes muse over the way Bitcoin inverted the correlation between risk ...
Yeah.
Just sometimes muse over the way Bitcoin inverted the correlation between risk and reward. It has effectively demonetized almost all investment because it rises in purchasing power so fast, and investments take so long, that hardly any investment can recoup the financial opportunity cost, even if the nominal investment is returned with profit, because it needs to at least 10x within 5 years... forever.
I don't think any investment has ever brought such high personal returns, before, except maybe the colonization of a New World. So, settling Mars or something. Or rebuilding Germany and Japan, after WWII. Or Russia invading Ukraine. Territorial conquest is probably the only thing that can compete with Bitcoin's returns, since anything digital has no lasting value.
So, buy-and-hold Bitcoin or annex Canada. 😅
Just sometimes muse over the way Bitcoin inverted the correlation between risk and reward. It has effectively demonetized almost all investment because it rises in purchasing power so fast, and investments take so long, that hardly any investment can recoup the financial opportunity cost, even if the nominal investment is returned with profit, because it needs to at least 10x within 5 years... forever.
I don't think any investment has ever brought such high personal returns, before, except maybe the colonization of a New World. So, settling Mars or something. Or rebuilding Germany and Japan, after WWII. Or Russia invading Ukraine. Territorial conquest is probably the only thing that can compete with Bitcoin's returns, since anything digital has no lasting value.
So, buy-and-hold Bitcoin or annex Canada. 😅