145. Ponzi hunting with Dylan Leclair
The Bitcoin Standard Podcast
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Cryptocurrency Markets
Doquan: Once the growth rate of new buyers into the Ponzi is under the growth rates of deposits, then you need to start making more Luna's in order to pay off the interest rate. And that's when you flip from the violent rise up and to the right to the violent crash down. Doquan: In these markets there's also similar to traditional markets. I think it's very fascinating to study like George Soros shorting the pound and these massive speculative attacks we've seen at the same time. But Bitcoin is just a fixed supply asset. So what you had was not only people trying to frantically get out of UST, but you also had people both on
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