I still believe in the 4 year cycle, but dont think we have a disaster and couple year downtrend. Nothing stops this train.
I do think at some point Sailor will have to sell or will be caught with paper Bitcoin.
Same, there will be an exchange caught with too much paper Bitcoin- whether contagion will hit also ETFs, im not sure.
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So if saylor sells, you don't expect that to cause a massive price drop? I expect that to be this cycle's FTX. Not to say it will cause all the later stuff I talked about, I don't think it has anything to do with that.
Just to clarify, i dont expect he would sell the whole stack, but if he is this cycles FTX, there would be a scramble for self custody. Isnt that bullish?
Every single exchange failure in the past was bullish for self custody. People still seem to be clamoring to give someone control over their stuff.
