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

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app