Macro Hang #3 (and Bitcoin 2022 conference recap) w/ @JeffBooth @FossGregfoss @PrestonPysh
Bitcoin Rapid-Fire
Let the Market Sell Off Too Much
The challenge that they're up against is thea, the impairment that's going to happen n in thein the market as they do this. Once it starts getting beyond a 25 % sell off, you go from things happening quickly to ludicrous speed. And so they are in this this quandary of, we've got to let, we got to let the imperment happen. But if we let it happen a little too much, we might find ourselves in such a desperate situation that we have to basically do a covid a liquidity insertion and just put life back in the patient.
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