Hacker News new | ask | show | jobs
by DyslexicAtheist 1662 days ago
cash is antifragile
1 comments

It’s isn’t really. Look at Zimbabwe hyperinflation. I have a trillion dollar note here.

Cash is only worth what someone else agrees it is worth.

antifragile doesn't mean no shocks no sacrifices. it's regular shocks and sacrifices to reduce chances of black swan events. Zimbawe is a (predictable) white swan event not a black swan.
You can burn cash for heating