1) I am not at all convinced that investing in bitcoins is positive expected value, 2) they seem high-variance and I’m wary about increasing the variance of my money too much, 3) I am not a domain expert in finance and would strongly prefer to learn more about finance in general before making investment decisions of any kind, and 4) your initial comment rubbed me the wrong way because it took as a standing assumption that bitcoins are obviously a sensible investment and didn’t take into account the possibility that this isn’t a universally shared opinion. (Your initial follow-up comment read to me like “okay, then you’re obviously an idiot,” and that also rubbed me the wrong way.)
If the bitcoin situation is so clear to you, I would appreciate a Discussion post making the case for bitcoin investment in more detail.
1) I am not at all convinced that investing in bitcoins is positive expected value, 2) they seem high-variance and I’m wary about increasing the variance of my money too much, 3) I am not a domain expert in finance and would strongly prefer to learn more about finance in general before making investment decisions of any kind, and 4) your initial comment rubbed me the wrong way because it took as a standing assumption that bitcoins are obviously a sensible investment and didn’t take into account the possibility that this isn’t a universally shared opinion. (Your initial follow-up comment read to me like “okay, then you’re obviously an idiot,” and that also rubbed me the wrong way.)
If the bitcoin situation is so clear to you, I would appreciate a Discussion post making the case for bitcoin investment in more detail.
regulatory uncertainty swamps any quantitative analysis I think.