Pete Rizzo makes a super interesting point in this episode — this next cycle will be super important for the growing ecosystem of Bitcoin in terms of traditional finance.
Imagine Bitcoin runs up to $500k then crashes 50%. Stocks with Bitcoin treasuries, the ETFs, pensions, governments, etc…could be wild. Will the U.S. intervene to support the markets? Great ep nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj
The irony is bitcoin itself is super liquid. Once it’s integrated into all these products that essentially make it less liquid, it could trigger a liquidity event in itself.
Does the fed then provide QE by buying the bitcoin and handing the bitcoin holders dollars?
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