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I don't know what other people found interesting, but personally I found it mildly interesting to see the reasoning about choice of financial vehicles to "short
by caf 5y ago
I don't know what other people found interesting, but personally I found it mildly interesting to see the reasoning about choice of financial vehicles to "short bitcoin" without actually literally short-selling bitcoin.
The author's opinion about bitcoin is neither here nor there.
- microtherion 5y agoI agree. One of the problems with betting on the decline / collapse of an asset is finding counterparties that are likely to pay up if you win (a problem that some investors faced in 2008, e.g.), and while you may quibble with the author's investment thesis that there will be a decline / collapse, I think his choice of counterparties is quite sound.