Uncommon Core 2.0 cover image

Where do the Yields come from in Crypto? - with Su Zhu and Hasu

Uncommon Core 2.0

CHAPTER

Investing in the Dollar Funding Markets

The margian long wants to be long, but he doesn't have enough dollars. So the way he does it is he buys and is happy to pay whatever that cost ends at being. And then the natural sellers are foro ppeople who want to be short. But in a boll market, nobody wants to be short anything. Ah, and so i think definitely, as the market to grow and mature, yu're gong to see this kind of poll factor be too big to ignore for a lot of a financial utions.

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