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You're maybe stretching the analogy way beyond what was intended. The intended analogy, I'm guessing, is that both lottery tickets and BTC seem to be uncorrela
by mumblemumble 6y ago
You're maybe stretching the analogy way beyond what was intended.
The intended analogy, I'm guessing, is that both lottery tickets and BTC seem to be uncorrelated with USD. A good hedge is something that is inversely correlated with the thing you're trying to hedge against.