@Jamie1Coutts Hi @Jamie1Coutts now we are at 4%+ rates across the curve , what do you think of the theory that corp spread widening has less proportional effect on the overall liquidity picture, and less effect on BTC vs zirp era. BTC vs corp spreads only been chartable in zirp era until now
@kelxyz_ Awful take. What if they raised a substantial amount of money from clients in 2021 at sol 260 value ? All that investor money got torched in 2022 with Sol at 8 . Rephrased “ we were willing to risk a total loss of OTHER PEOPLES capital”