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.
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Why would he have to sell? Doesn't that depend on the loan agreements he's made?
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.
People that bought stock are going to begin selling when the price drops. This will cause the stock price to drop faster than the bitcoin price. Investors don't like to see that, they'll spook and expect to get something locked in. Theres 0 chance they don't have some type of guarantee.