Oddbean new post about | logout
 Frankly, I thought each were being a little obtuse towards the others' position.  Bitcoin could be exchanged for shares of equity (in a startup, for example).  Bitcoin could be loaned out at a given rate of interest (to a startup, for example).  Each strategy may be used to improve the original holder's overall financial situation; but they each come with their own set of risks.  Both can be true.  I don't really see the controversy.