I mean I basically don’t know what the fuck a yield curve or a carry trade or a convertible note is but I hear people talking about them every day as if they were taught in grade school along with algebra and geometry.
Discussion
Yield Curve:
a chart that shows how much more you get paid for lending money longer.
Carry Trade:
borrow money cheap, lend it somewhere else for more, and keep the difference.
Convertible Note:
a loan that can turn into part of a company instead of being paid back with money.
🤓
I think a yield curve survives a Bitcoin standard but it’s not that important.
Otherwise it’s best to spend your time still learning algebra and geometry.