5min chapter

Bankless cover image

115 - The Stagflation Mega-Trade | Dan Morehead

Bankless

CHAPTER

Why Do You Think We Are Dcoupled Now?

In the last 11 years, we have data, bit coin has had a very high correlation with the s and p 500. But i don't believe it has to work over long time periods. Most institutional investors really don't own a material amount of cripto currency acid. You know, most major insurance companies based to they own zero. And so that's how they can stay uncorrelated for five years or more. I think everyone will have like eight % of their portfolio in an block chain next year. So in ten years,  i am watching as much as anything else,. but now, i really think it can be uncorrelated. We've seen six bar markets

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