Anand Giriharadas’s review of Jared Diamond’s Upheaval is ruthless, but largely gets things right, I think. The gist of it is that Diamond thinks “ahh let’s take the framework of coping (individuals) and apply them to nations in upheaval (societies).
Conversation
The problem, of course, is that ideas that apply at the level of the individual might not apply at the level of the group (much less the nation state). You should have klaxons ringing in your head every time you come across something like this.
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Thought this was a good take: “Bitcoin looks like a long-duration option on a highly unknown future that I could put an amount of money in that I wouldn’t mind losing about 80% of.” linkedin.com/pulse/what-i-r
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The question remains, #bitcoin yes or no.The answer from his article is ‘no’ due to a myriad of risks. A good investor should work on mitigating, managing & to an extend playing with risk not avoiding it. The risk of getting rekt by a car shouldn’t stop us from crossing the road.