Foreword
This is a quick note, which tends to be just off the cuff thoughts/ideas that look at current market situations, and to try to encourage some discussions.
If you’ve been reading my writing for a while, you’ll probably know that I am a big fan of Patrick Boyle, a hedge fund manager, college finance professor and youtuber. This week, he interviews Zeke Faux, a reporter who investigated and wrote a social historical book on the crypto scene of the past ~3 years.
As usual, a reminder that I am not a financial professional by training — I am a software engineer by training, and by trade. The following is based on my personal understanding, which is gained through self-study and working in finance for a few years.
If you find anything that you feel is incorrect, please feel free to leave a comment, and discuss your thoughts.
Janky Thoughts 