Gold isnt cheap enough to be a CDS against Bitcoin failure either. Even if you accept the rest of what he says wholesale. It's 1900 usd too rich to be a cost effective hedge.
This is quite literally the same argument as saying “btc is too expensive”. Okay. Buy a fraction?
Please Login to reply.
not really the same lololoo
Bitcoin is 15x more expensive than gold. 15x “too expensive” to be a cds.
