What's Driving the Price of Cryptocurrencies?

Crypto is a function of two things, technological adoption and macro, the liquidity that the central banks are providing. There's now 300 million people using cryptocurrencies or investing in crypto. It's growing at about 100% a year or so. People are adopting this twice the speed of the internet. That's why it's been so profitable, but it's also very volatile. And it's very volatile because when the central banks remove liquidity, which they've done in 2013, 2015 and various other points, cryptocurrency collapses.