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WiM017 - The Booth Series | Episode 7 | Mind, Power, and Risk
The "What is Money?" Show
Asymmetric Bet
Bitcoin is forcing market entrance into the currency over timeness it. Most, most people believe an ontrbiner is a risk taker. Nothing could be further the truth. What they're doing is theire betting, because there's risk everywhere. Company, itsmad another i'm on a rim here. But were we're forcing risk premium into the currency through inflation. If you're not increasing your cash fos above 15 % a year, you're not creating any value,. You're going to get canned or go out of business. And at the end of that risk spectrum, to day, is bitcoin. I think it's a crazysymmetric bat and the existing system
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