JulianMorrison comments on Less Wrong used to like Bitcoin before it was cool. Time for a revisit? - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (67)
The idea is that you accept default risk only from people to whom you can apply social arm-twisting. This includes them arm-twisting you not to overextend credit or take risky debt.