Swan Signal Live - A Bitcoin Show cover image

Preston Pysh & Andy Edstrom | Q1 Macro Report | E103

Swan Signal Live - A Bitcoin Show

00:00

The Debt Spiral and the Cockroach Theory

SVB was a bigger failure than I think many people expected. It could just be the curve or vol in bonds, you know, getting out of control and failed auctions. And if it's not that vector, then yeah, it could be more institutions, uh, failing. So we're at this really interesting situation right now at this moment in time where I think the price has been overly punished way more than what we've had in the cycle before.

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