AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
6min chapter
The Recent Collapse in Crypto Debt Structures With Caitlin Long (WiM 177)
The "What is Money?" Show
Is There a Massive Leverage Building Up in Bitcoin?
This is my third bitcoin bearmarket. We've seen the panics and seen a lot of innocent people hurt. There's so much more leverage than there was in the prior bullmarket cycles. In this leverage flush, it doesn't look to me like it's over. But in each of these cycles, we've had major intermediary failures. And unfortunately, i think a lot of people have to learn that lesson as well.
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