AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Popping the Crypto Bubble with Nicholas Weaver
Factually! with Adam Conover
The Death Spirale of Cryptocurrency
The new money going into the system has been drying up as though e rang, ok. And in order to compensate for this, the miners have been not able to sell insignificant quantities. So they've been accumulating bicoin and rium on their balance sheet and borrowing against it. Once you start liquidating, the price goes down, forcing even more people to liquidate. That's the death spiral. Lik behashearts: Is there some sort of future form that this takes a?
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode