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3min chapter
Macro Hang #5 w/ Jeff Booth, Preston Pysh & Greg Foss
Bitcoin Rapid-Fire
Bitcoin and the CDS Market
Steve Tanenbaum is a guy who manages a huge credit fund in the US. He used to be an American buying defaulted debt on stelco Canada's largest steel company. And I'm like, I love this guy because everyone in Canada is flushing stelco like throwing it out. It takes a few tweets from really revered people like Mike Novogratz to get other people thinking about Bitcoin. If Bitcoin is still correlated with that then that would be Bitcoin may go down with it.
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