43 sats \ 2 replies \ @Coinsreporter 8 Jul \ on: Bitcoin: Too Volatile To Be Money? bitcoin_beginners
A very good article, indeed!
What I don't understand is why they always put warning?
Warning: keep only as much in fiat as you are willing to lose.
Why can't people put all their money in Bitcoin and keep negligible fiat?
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34 sats \ 0 replies \ @didiplaywell 8 Jul
That's exactly what the phrase means, in a sarcastic way
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21 sats \ 0 replies \ @Undisciplined OP 8 Jul
If you read that carefully, you'll see that it's a joke. Normally, it would say "keep only as much in bitcoin as you are willing to lose."
He's making the point that fiat is the risky asset to hold, since we know it's losing value over time.
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