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I'm happy that people are seeing that it's not as uncorrelated with the larger market as people thought, making it less exciting as a hedge. (Of course, we need

I'm happy that people are seeing that it's not as uncorrelated with the larger market as people thought, making it less exciting as a hedge. (Of course, we need more data to be really confident in this correlation, but the perception will be there nonetheless.)

pessimizer 4y ago
That's the main lesson from crypto movement: it's moving with stocks rather than against them. That's not digital gold.