Bear Market Bingo: Elon Sells his Bitcoin | Weekly Roundup
In this week's episode, we discuss everyone's favorite subject: the bear market. I got Mark's take on the current bear, how it compares to previous bear markets in crypto, and what we should expect over the coming year.
Next, we took a look at who has been selling Bitcoin in May and June. The largest (forced) seller was the Luna Foundation Guard, closely followed by Elon Musk's Tesla. We spent some time discussing Tesla's sale and why Elon may have decided to do that today.
Next, we explain why things feel so divided today. Mark and I gave our take on wealth equality, the media, and hidden sets of incentives around ESG.
Finally, we added a new "positivity segment - you'll have to tune in to find out more!
Also, if anyone wants to watch my grandpa's interview, here's the link.
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(00:40) Is the worst of the crypto bear behind us?
(16:54) The Reason Tesla Liquidated Their BTC
(22:25) The Greatest Polarization in History
(34:48) The One Metric We Should All Optimize
Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.