It’s lack of information/understanding on the part of the asset managers (noobs lol)
They think “it’s so risky/volatile, we only want to offer it to clients who can afford to lose some money”
When really the volatility is just a property of this new/emergent money (I think it was Erik Yakes who wrote something along these lines in The 7th Property), and the real risk is not holding Bitcoin
bostonwine / boston wine
npub14q…e2q26
2024-08-04 23:36:53
in reply to nevent1q…rhl6
Author Public Key
npub14qz92uedt0a8jte8jqg63jr3s5cc99cej36jh883z6tprlu354uqqe2q26Published at
2024-08-04 23:36:53Event JSON
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"pubkey": "a80455732d5bfa792f279011a8c871853182971994752b9cf1169611ff91a578",
"created_at": 1722814613,
"kind": 1,
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[
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"content": "It’s lack of information/understanding on the part of the asset managers (noobs lol)\n\nThey think “it’s so risky/volatile, we only want to offer it to clients who can afford to lose some money”\n\nWhen really the volatility is just a property of this new/emergent money (I think it was Erik Yakes who wrote something along these lines in The 7th Property), and the real risk is not holding Bitcoin",
"sig": "397351f68d4f0a495fd22e09236cbf310bbf7153e0cc9489aee37435d416f9b9317d950d63f3fb67563625c12d8f49d35688c0a8c73d882aca688c8e38cd2f0b"
}