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Crypto Roundtable: SBF updates, $GBTC's role, Saylor says $ETH is unregistered security | E1631

This Week in Startups

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I Don't Believe the Market Cap of Bitcoin Is Going Organically

A huge part of the industry was basically making a ton of money off that trade and using that to give high yield interest accounts. I don't believe the market cap of Bitcoin is going organically enough to be large enough to support 300 million plus of immediate demand from potentially fickle investors with stop-loss triggers. The price will keep rising until it doesn't. Then one day the ETF will need to offload half its holding because people get scared. You think you've seen volatility, baby, you ain't seen nothing yet.

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