Joda on Nostr: Sure, I mostly agree. But it's not all or nothing. We each have a limited time ...
Sure, I mostly agree. But it's not all or nothing. We each have a limited time horizon and it is naive and dangerous for most people to go all-in on something like Bitcoin. And no one has to, precisely because the upside potential is so high. 95 percent bonds and 5 percent Bitcoin is a perfectly reasonable balance (of course, further diversification is prudent). Likewise I think zero Bitcoin allocation is naively "cautious" while actually exposing a portfolio to unlikely but catastrophic risk.
Published at
2023-03-28 20:33:04Event JSON
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