4min chapter

My First Million cover image

Part 1: Pomp On Balaji's 90 Day Bitcoin Bet, Digital Catastrophes, And Failing Banks

My First Million

CHAPTER

What Are You Talking About?

Two trillion dollars of liquidity was added to the market. Some people say, well, that two trillion dollars is not really being given out. And so ultimately, what you end up having, which makes markets, is you have theory, meat reality. Sometimes theory is a great primer and overlay on reality. Other times it's not. The more complex the system, the less likely it is that the theory overlays perfectly on reality.

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