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251: Kasper Vandeloock - High School Dropout Turned Quant Trader, Entrepreneur (Pre & Post FTX Collapse)

Chat With Traders

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What Happened in March of 2020 With Cryptocurrency?

The biggest issue at the time was of course the UST collapse so there was this cryptocurrency project called Luna which think of it as like an Ethereum competitor but they also had a algorithmic stablecoin. The PEC difference got really big and since it you know USD was I think 96 cents when it really started going hard. So many people you know lost all their money and a lot of exchanges had trouble keeping up with trading.

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