*Bitcoin to the moon* is a logical thing to come out of the mouth of a bagholder, I don't even blame him for his hopium in that part.

I'm also with you on the "people willing to get dumped on" part. But thats the first week, maybe a month. After every fanboi sees 30% paper losses, it'll go sideways - that's also what we saw with SPCX. Then the next IPO, and the next after that. The tribal brain is sensitive to hype.

optimism

No, I don't. His argument has a lot of appeal to me, but I note that it is easier to be right (about Bitcoin going up bigly) if everyone ignores that your call has been wrong for the last year.

But as for the AI part, I think he's probably right ...unless the people are willing to be dumped on. Which more of a possibility than he is willing to admit.

bitcoin

Stacker_Stocks

D is for Dilution - Arthur Hayes

Scoresby

No, I don't. His argument has a lot of appeal to me, but I note that it is easier to be right (about Bitcoin going up bigly) if everyone ignores that your call has been wrong for the last year. 

But as for the AI part, I think he's probably right ...unless the people are willing to be dumped on. Which more of a possibility than he is willing to admit.