Macro Hang #3 (and Bitcoin 2022 conference recap) w/ @JeffBooth @FossGregfoss @PrestonPysh
Bitcoin Rapid-Fire
The Long Volatility Aspects of Bitcoin
Long bit coin is being short credit, and therefore it is a, an insurance policy. Therefore, it is a long volatility a asset. It clearly hasn't sunk in yet, although there are signs at times that that bitcoin goes up as a, as a flight to, you know, a diversifying asset. But in my opinion, if if, in the next three, ah event years, that a huge sell off in all risk assets will lead to a crashing of the price of bitcoin.
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