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CD81: shitcoin apocalypse, macro environment, self custody all time high, bitcoin fundamentals with @DylanLeClair_ and @_Checkmatey_

Citadel Dispatch

CHAPTER

FTT's Chart

When Luna was collapsing, I was on the plane from Mexico across to Portugal. We're watching this thing as it says, we take off and then you get to Canada is down to like 60 cents. It's just a great example of just like printing free money, maintaining a price somewhere else,. And then, you know, trading on, on some other venue. The way that FTT managed to achieve the exact same result in, I would argue, shorter time is just remarkable. They don't even have a minting mechanism. This is an emerging currency market crisis where you have perpetual interest between FTX and Binance.

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