A flood is coming to the neighborhood. You're "diversified" in it with multiple houses. Flood insurance trading at $0.0025 on the dollar. The only way to buy this insurance, however, is to smash the dam with a hammer. 99% of the town owns zero insurance. See the problem yet? #Bitcoin
The entire reason we diversify is because we don’t have thermodynamically sound money. The entire reason we breed large animals for transport is because we don’t have a mass transit system. The entire reason we kill whales for oil is because we don’t have mechanical luminosity.
What, what if #Bitcoin is not a symptom of the increasing speculation of an increasingly corrupted ledger? What if Bitcoin is actually the solution & it’s doing exactly the opposite of what you would expect the world’s lowest risk asset to do?