Bitcoin's Volatility

The problem is the short term volatility like these businesses are going to struggle with with digestion problems and liquidity problems not on sort of an average basis over a long enough period of time. So if you have enough bad luck days in a row that may be enough to exhaust your ability to continue operating the business. The bad luck days are exacerbated now with a second variable it's not just how many blocks you find but is it do you find the good blocks with high fees in them? Yeah and with the good blocks like going down this particular example I think this is why Riot transitioned from brains to foundry.

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app