Comment on LiteCoin Mining on EC2 is currently profitableparentComments−knowitall12yDid you invest 100000k $ in Bitcoin? I suggest investing 1k as an anti-black swan option. Or something like that. (If the economy crashes, BTC might be worth a lot. Or not. But the option doesn't cost much).−astrodust12yIf you're describing Bitcoin as an option play, that's not very encouraging.I think it's useful as a method of exchanging money where the official options are terrible, or for certain forms of online payments.It's value as a currency store is completely unknown.
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Did you invest 100000k $ in Bitcoin? I suggest investing 1k as an anti-black swan option. Or something like that. (If the economy crashes, BTC might be worth a lot. Or not. But the option doesn't cost much).
If you're describing Bitcoin as an option play, that's not very encouraging.
I think it's useful as a method of exchanging money where the official options are terrible, or for certain forms of online payments.
It's value as a currency store is completely unknown.