benelliott comments on Bitcoins are not digital greenbacks - Less Wrong

6 Post author: lsparrish 19 April 2013 06:13PM

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Comment author: benelliott 19 April 2013 11:20:17PM 15 points [-]

I don't know if this is typical, but I recently a professional trader stated in an email to me that he knew very little about Bitcoin and basically had no idea what to think of it. This may hint that the lack of interest isn't based on certainty that bitcoin will flop, but simply on not knowing how to treat it and sticking to markets where they do have reasonably well-understood ways of making a profit, since exposure to risk is a limited resource.