Concerns about a looming global debt crisis have taken the world's top hedge fund manager from doubting bitcoin to dabbling in it.
@lvlewitinn previews @mjcasey's #Consensus2021 keynote chat with @RayDalio
With correct link this time
https://t.co/Y5ZdyPFofU
The root cause of all of this, actually, is not the market, the manipulators, or BTC itself.
It's this:
1) The "hodl your coins mentality" &
2) Centralised exchanges
The market is illiquid and vulnerable. Order book exchanges are thin and have no incentives for deep liquidity