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57. MONEY | Merge Livestream: Biggest Event In Crypto History (ft. David Hoffman)

Alfalfa Podcast

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Is Bitcoin a Liquidity Sponge?

David Geysa: Have you geysa talked about, i haven't heard it on any recent episodes, except the one with arthur hayes, about net liquidity. One of the big topics, i think, that was relevant to this was coming out in this big 20 22 down trend from january to june is like, ok, the inflation hedge narrative is gone from bitcoin. So what is it? And it turns out like bickcoin was just a liquidity sponge. D i think it's adjacent to what you were alking about, net liquidity, but we didn't attack the subject head on. Yes.

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