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

Citadel Dispatch

CHAPTER

What Happens When a Ponzi Scheme Goes Down?

In a bear market, if you know that your stable version of it is going to be buying more of the token at the bottom, even if you want to buy the dip, you would wait as long as possible. They took one and a half billion dollars worth of the terror stable quote unquote stable coin that went to zero. It's just wild. How do people not do this due diligence? The smartest people in the room during an up-only bull market were just the most degenerate, leveraged, liquid chickeners. I mean, it was just, it's all one trade, right?

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