army1987 comments on Explicit and tacit rationality - Less Wrong

40 Post author: lukeprog 09 April 2013 11:33PM

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Comment author: [deleted] 15 April 2013 08:18:43AM 0 points [-]

I've fiddled around a bit, and ISTM that so long as the probability distribution of the logarithm of the eventual value of bitcoins is symmetric around the current value (and your utility function is logarithm), you should buy or sell so that half of your current net worth is in dollars and half is in bitcoins.