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The Crypto Industry Is Going Through a Liquidity Crisis
Pumpkin: We are basically in a drawn out liquidity crisis across a financial market. In good times, if bick coin, in dollar terms, goes up the most, you would expect it in bad times to go down the most as well. And so when you look at that, i think there is a strong argument that bitcoin has actually a done its job in that environment. But pump says this drop doesn't refute his primary argument about why you should put your money into crypto of into index funds or saving accounts of the dollar.