
97. MONEY | 2023 Preview and Annual Review
Alfalfa Podcast
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Are You Going to Be Worse Than That?
Stephen Pair: I think next year is mostly going to be down only. We're trading liquidity right now, like as much as we want to talk about all these magic economics and they are true on a relative basis. And if crypto is just a liquidity trade, then in that type of environment, we'll just kind of go down only. He says he still see froth in the system; it's exemplified by crappy altcoins such as Cardano which has retraced its COVID lows. Pair: "I don't know if I should stay to the end because I'm you should say it for the end"
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