Once Bitten! A Bitcoin Podcast. cover image

@edstromandrew - @Croesus_BTC - FTX, Ikagi, Stop Trading #bitcoin And Getting 'That Phone Call' As A Money Manager #297

Once Bitten! A Bitcoin Podcast.

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The Biggest Swinging Deck That's Come Into Bitcoin Probably Ever

Andy Cott: I think that the guy who is as intelligent and experienced as he is knew had probably looked at the Bitcoin price chart before he was first Bitcoin. He knows his history and history of technology. And so, you know, I think he knew there was a risk that he would be underwater on a market basis in dollar terms on his Bitcoin purchases. There's no multi-billion dollar convert deals to do in a bear market, right? So, like,you know, there's no alternative scenario where you wait for the price,. you know, to crest and then dump, and then buy a bunch of Bitcoin because nobody's going to fund those deals in that environment. Andy

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