Replying to satoshi jr

Again the point of the risk analysis is not to look at when things are going well. Instead to consider the potentially catastrophic situations and your exposure.

You dont calculate risk that's how you get 2008.

You cant know what will happen but you can try to understand the structure of how things are.

With enough time you will hit all of the extreme situations and the only this that matters is if you can survive
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Hanshan 3d ago

nobody said that.

risk analysis is not just looking at the worst case scenarios either. it's about making intelligent decisions based on the available information.

I don't live in a bunker in Idaho because there *might be nuclear war.

and sometimes existing in the shadows is a better long-term survival strategy then getting Wall Street involved.

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satoshi jr 3d ago

No risk analysis is about analysing risk. It dosnst mean you can't choose to accept the risk.

You are choosing to take nuclear risk

The us government doesn't think that's acceptable so they have bunkers.

The point of this conversation was about money. You can't do a shit job of hiding in the shadows and claim you're gonna be better money.

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satoshi jr 3d ago

Oh and you are implicitly saying that you're only looking at rosy scenarios if you aren't actively looking for the extreme situations that are exisistntial risks.

But again its only if you're trying to be money not just a tech demo