The Pomp Podcast cover image

#851 Is The U.S. Dollar Reserve Status At Risk? w/ Peter Schiff

The Pomp Podcast

00:00

Is There a Circuit Breaker in Bitcoin?

There are no real buyers. I don't think there's a lot of shorts out in bitcoin. If we drop from 30 thousand to ten thousand, you know how many people,. over the last year or two have loaned, taken out loans against their bitcoin? All that's going to be blown out of the market when you get a price drop from 30 ousand to ten thousand. And, you know, there's, there's no circuit breakers in bitcoin. You know, it's, you knome nothat this. Thing can just implod because there is nothing there.

Play episode from 29:03
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app