Moss Wizard on Nostr: nprofile1q…rpfuj I saw commentary from a guy who made a bundle speculating on ...
nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpqzdp33shl69xr0uq3x8n5gsjykq9upycwh6nqm02c3f6x0frrn0dqlrpfuj (nprofile…pfuj) I saw commentary from a guy who made a bundle speculating on crypto. He explained that he had calculated an amount that he could afford to straight up lose, and he bet that amount. In that instance he won the bet and cleaned up, but the idea applies in a magnified way to big corps. They have nearly unlimited lines of credit, and they will often get bailed out if they lose, so there’s incentive to gamble large imaginary dollar amounts.