A gentle reminder that risk only equals volatility in academia.
True financial risk is the chance of losing your purchasing power over time.
A gentle reminder that risk only equals volatility in academia.
True financial risk is the chance of losing your purchasing power over time.
Also, in order to obtain security and stability in your life, risk and volatility must be expected and embraced.
Itās the trap of focusing only on what can be modelled even if it doesnāt match the real world (which it canāt precisely because itās a model).
Or all at once because ownership didn't mean what you thought it meant. Bitcoin fixes both.
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