The Fellas Debate the Financialization of JPEGs | Roundup
Bell Curve
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The Dangers of Levering Assets Up to Buy a Home
"i think that's a pretty dangerous thing to do to compare massive leverage and debt positions on these extremely volatile jpegs with the purchase of a home," he says. "I think people are going to get wrecked on this i i do agree with that though it's just like a matter of whether it makes sense or is sustainable to lever up any asset in an attempt to buy it" He adds: "It's probably just like internet money with a picture on it well yeah"
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