
Everyone calls Bitcoin a risk asset. It swings 10% in a day. It dropped 50% from its all time high. It goes in the same bucket as tech stocks and speculative bets.But what if the way we define risk is the actual problem?In this episode I break down what risk really means for people who are trying to save and build wealth over time, not trade on a Tuesday afternoon. I walk through the five core properties that make Bitcoin structurally different from every other asset, what happened when Iranian citizens used it to move money during airstrikes while their banking system was dark, and why the things most people consider "safe" might be the riskiest things in your portfolio.
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