2025 just delivered one of the fastest $2 trillion+ wipeouts in crypto history. Bitcoin gave back its entire YTD gain in six weeks, ETH bled harder, and countless founders watched 30-40% of their runway evaporate while they clung to the “digital gold” mantra.
For today's episode, I once again sat down with Patrick Wood, CEO of DelphX, to explore what would have happened if treasuries would had run even basic hedges from the start of 2024.