Damus
Guy Swann · 40w
Yeah people I think don't realize, that this will likely continue until everyone is so convinced that it's never going to end, that they leverage themselves in an absurd way, *en masse.* Otherwise th...
Luke profile picture
A big difference is that retail fools always popped their bubbles with leverage. They'd lever themselves up so far that they couldn't afford a 10% draw-down without losing everything. Bitcoin treasuries are not that. They just are now getting their boardrooms to all start to vote in favor of holding BTC instead of bonds and I don't see at what point they're going to start adding leverage to that.
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Guy Swann · 40w
I’m not talking really about Bitcoin treasury companies, I’m talking about the major markets and specifically major financial institutions and governments. These are institutions that not only participate in the most horrific and absurd kinds and degrees of leverage, but that literally think *th...