Post
Topic
Board Economics
Re: About currency risk
by
yvesp110
on 27/01/2018, 18:11:30 UTC
Great thread of people just saying there is risk in everything. Amazing insight, people. Let's all just keep repeating it until our post counts are in the millions. Perfect.

While it is not wrong that there is risk in everything, the risks should be calculated and kept to a minimum. By saying "everything is risky" you're kinda missing the point, which is to control the risks that need to be controlled. There are many types of insurance to do this, there are currency options, swaps, futures and whatever. A million ways to secure yourself. What does this coin bring to the table? They simply say "why not let experts do it". That's fine, experts are good. Why do they need their own coin and ICO for that?
You have said a million dollar thing. Really, it’s useless complaining about risk and just discussing the facts about it. Definitely everything is risky to some extent as we cannot be sure about future but this is the reason why we have subjects like risk management and a lot of books are out there that cover this topic. If there is a problem, there is always a solution also. Better to focus on the solution.