Idk what the parameters for a risk asset are but Bitcoin is not a risk asset to me. Risk is a spectrum. For example, It’s more risky to tightrope over a canyon, than it is to go on a hike. Most assets involve trusting someone else, and most assets are exposed to the massive amount of leverage in the global economy. If you self-custody Bitcoin, you are trusting the Bitcoin network and you are trusting yourself. Holding Bitcoin does not feel risky, it feels safe.
#Bitcoin #risk
learnaboutbit / Learn About Bit
npub12h…d9cgq
2023-09-22 04:22:15
Author Public Key
npub12h2pk4fg6gp4erd22593as03ddmx8h9ed96xpdqm77m7rh3fp4dsrd9cgqPublished at
2023-09-22 04:22:15Event JSON
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"content": "Idk what the parameters for a risk asset are but Bitcoin is not a risk asset to me. Risk is a spectrum. For example, It’s more risky to tightrope over a canyon, than it is to go on a hike. Most assets involve trusting someone else, and most assets are exposed to the massive amount of leverage in the global economy. If you self-custody Bitcoin, you are trusting the Bitcoin network and you are trusting yourself. Holding Bitcoin does not feel risky, it feels safe.\n\n#Bitcoin #risk",
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