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Credit Suisse still down, european bank stocks are a mess for years, with CDS rising. Need insurance against contagion in TradFi? Bitcoin has no Theta. Getting the Greeks right keeps you from falling over the cliff in the long term. Bitcoin ist the only asset I can imagine without any counterparty risk therefore it's crazy that Wall Streets still holds up the narrative of Bitcoin being kind of a tech stock. Nice job by the mainstream media, though.
bitcoin having no theta is the best sentence and makes so much sense. With fiat there's inflation, with housing there's maintenance, with stocks there is dilution, with gold there's storage and guns.
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Was thinking of that theses days because I fu..ed up a bunch of money because of this in the past
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