Andrew Schulz's Flagrant with Akaash Singh cover image

Schulz Reacts: Will Bitcoin Go To ZERO?! w/ Anthony Pompliano

Andrew Schulz's Flagrant with Akaash Singh

00:00

What the Hell Happened to Cryptocurrency?

Remember 32 billion is basically like a fake number, right? So if it's worth a hundred million dollars and I give you a million dollars, I own 1% of that company. Or correct. At that evaluation. And so what basically occurred was, people were giving them money on the exchange to buy and sell crypto. In their terms of service, it said we don't touch the coins that you give us. If you have stable coins, we leave it there. We don't touch it. It all fell apart over the last two weeks. Now people are waking up and they're like, oh shit, they took away the alcohol, no one's drunk anymore on all the profits

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