Does anyone here have thoughts on the x-risk implications of Bitcoin? Rebalancing is a way to make money off of high-volatility investments like Bitcoin (the more volatility, the more money you make through rebalancing). If lots of people included Bitcoin in their portfolios, and started rebalancing them this way, then the price of Bitcoin would also become less volatile as a side effect. (It might even start growing in price at whatever the market rate of return for stocks/bonds/etc. is, though I'd have to think about that.)
So given that I could spread this meme on how you can get paid to decrease Bitcoin's volatility, should I do it?
So given that I could spread this meme on how you can get paid to decrease Bitcoin's volatility, should I do it?
Why wouldn't you?
If it's worth saying, but not worth its own post (even in Discussion), then it goes here.