Introduction

Kevin Muir of Macro Tourist has been following a trade that's incredibly exciting to me, very interesting. He is going long gold and short Bitcoin in what would have been a widowmaker if he had started it a year and a half ago. I'm concerned that increasingly there is more and more leverage in the Bitcoin universe or the crypto universe in general. And although I am not going to say 100% that we're going to have a crash and that we'll collapse, I do believe that it's kind of increasingly possible that this will happen.