Subject: Re: Bitcoin
if you did want to place a wager, one way to hedge it might be to buy put options on Strategy....

Just a spectator sport for me.


But a fun one. My only put options are on MSTR, even if they're getting a bit old in the tooth to work out by January. Give us another month like the last one, though, and the whole edifice might come tumbling down.

Gold and bitcoin were supposed to be the things that would hold up in a time of crisis, but they don't seem to be going the right way, and since bitcoin is just a confidence game anyway, you would think that the confidence has to start being pretty rattled at this point.