5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC106: FTX Failure, GBTC, Genesis DCG & more w/ Dylan LeClair (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Conclusion of the Long-Term Debt Cycle and the Rise of Bitcoin

Preston: Dylan, back in 2021, you wrote an article and I'm sharing this right now so people can see. The basis of my Bitcoin thesis is that the end or we're extremely close to the end of this long-term debt cycle. Preston: What happens after these huge bursts and destructions of wealth? Especially in a historically over indebted economy. And every time these debt cycles go bust, what they do is they devalue in some way.

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