The Microeconomic Structure of Cryptocurrency

Felix Taylor: What if there are specific microeconomic fundamental problems within the CFI, centralized finance ecosystem of crypto? He says that could lead to a huge selling moment of Bitcoin on the market. The biggest teller risk for me for crypto is actually what we've been talking about - correlation to one type of market crash and how that affects the majors. But in terms of the microstructure, you could argue, assuming if we pretend that grayscale will not crash, that's probably only one side of the story.Taylor: I definitely don't think it's the time to go out and buy esoteric altcoins. You know, just like max out your risk curve there.

Transcript

Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.