#086 The Acid Capitalist Hugh Hendry On The Economy: 'I'm Fearful'
The Julia La Roche Show
00:00
The Reverse of the Bitcoin Market
The total market cap, if we imagine all of those coins are mined and minted or whatever, is presently trading around half a trillion dollar, 0.5%. If Bitcoin tripled or quadrupled, it would be one and a half or two trillion dollars. So it's not a big ask. And I like things that fall in a lot is stop falling and it has convexity. But most significantly, it's just the miniscule size of the Bitcoin market.I think it's it's going to last. It's going to endure. In broad asset classes, I like the mean reverse.
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