Simon Willison’s Weblog

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10th November 2021

One could never price a thirty year mortgage in bitcoin because its volatility makes it completely unpredictable and no sensible bank could calculate the risk of covering that debt. A world in which Elon Musk can tweet two emojis and your home depreciates 80% in value is a dystopia.

Stephen Diehl

This is a quotation collected by Simon Willison, posted on 10th November 2021.