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Lyn Alden and Parker Lewis - E81
Swan Signal Live - A Bitcoin Show
What's the Overall Effect of the Crypto Market?
nick b hagi: I think it's, you can treat it as like, you know, savings versus checkingright? So if you have near term liabilities, you want your assets to match those liabilities in terms of their risk and volatility profile. Whereas when someone has surplus capital and they have a longer term time price, and that's when they can take on volatile assets that they believe have a high probability of appreciating in price. And my last, my last kind of latory point is that, ah, i think they've been ready to do this for a while. A, i don't think they wanted to, a, come down really hard at the top of a market
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