5min chapter

The "What is Money?" Show cover image

WiM005 - The Saylor Series | Episode 5 | Channeling Monetary Energy Across Time and Space

The "What is Money?" Show

CHAPTER

What's the Biggest Risk?

The big risk, the hyper risk is like one of these Bitcoin exchanges, I go 100 to 1 leverage and I mark the market every hour. And if the price goes down a $100, I get wiped out and there's a crash. So that's risky. If you want to take the opposite point of view, I have 100 Bitcoin and I'm going to borrow the equivalent of one Bitcoin in value or 10 Bitcoin in value. As long as it doesn't go more than 90% down, I'm good. Right? The issue is the frequency of the appraisal, right, compliant with the volatility of the asset combined with the political regime you're in,. combined with the loan to

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