5min chapter

Bankless cover image

Did Macro Kill Crypto? with MacroAlf

Bankless

CHAPTER

Bankless Nation's Next Guest, Elf, Macro

Bankless Nations' next guest is macro investor Elf, who writes a free newsletter called the macro compass. He says we're in the middle of a very strong cyclical slowdown that will dominate the trend for the next year or two. The cycle I'm discussing is diametrically opposite to the cycle we have seen in the second half of 2020 and in 2021. We'll see it's luck effect happening in 2023 and 2024 - some of those luck effects are already happening.

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