Crypto Swaps

"I know how to play a speculative market. I understand the extraordinary liquidity and regulatory dangers here," he says. "So, you know, they wait for the pump, they ride the pump out." If Bitcoin goes from 65 to 17,000, people's daily expenses are dependent on that money; if it craters, 'you can't pay back your debt' He warns investors not to put 100% of their retirements into speculation.