Anti fucking fragility

Maybe the storm is over, maybe not.

But here's a fact: Bitcoin trading is 24/7/365. If someone wants to liquidate a billion USD worth of bitcoin right now, sitting on their toilet, they can. Price is still good and well within error-margin of the stock-to-flow-model by PlanB.

The "traditional" markets were halted, needed trillions of fiat-money injections and still went down. Let's see how they are doing on Monday. I wish them luck and high returns, but ...

... who's holding the highly-speculative asset now?

Bitcoins volatility is like a clearing bush-fire. Sure it sucks if you have a bush-fire. But better having it here and there, than suppressing them over years or decades and then have a fucking inferno on your hands.



Submitted March 14, 2020 at 03:38AM by Thanatos_1 https://ift.tt/3aQXuVF

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