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Arthur Hayes on Why Bitcoin Is Money and ETH Is a Shitcoin He Loves - Ep. 587

Unchained

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Cryptocurrency as a Trading Vehicle and Investment Strategy

Cryptocurrency is seen as the best expression of fiat debasement and a way to save money in terms of energy. It is considered a trading vehicle, with a focus on liquid trading and token deals. The staking ecosystem around ETH is expected to become more important, along with the emergence of various liquid staking derivatives. As the crypto market reaches new highs, it is advised to be prepared for a speculative 'dog shit season' and to exit before a massive bubble bursts.

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