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The FTX Bubble Is Coming to an End
"I think at the moment I'm pretty much all just cash. Everything's flipped from having trying to get a return on stuff, to now just sitting in cash if you can and just trying not to like balloon it," he says. "The last couple of weeks with FTX blowing up is over the last year and a half, everyone laughed at people trading JPEGs and buying monkey pictures." But where anybody who's actually done well now is the people who are self custody their own ship,. So yeah, like board ape owners, or people who are only like crypto punks and stuff, you have to self custody.