In this episode, CIO of ProCap Jeff Park unpacks the recent crypto market meltdown, the dangers of over-leveraging in perpetual futures, and why Bitcoin could now front-run altcoins. He also gives insights into ProCap’s work as a Bitcoin treasury company, the future of DATs, and reframes the “debasement trade” as a “purification trade” in today’s distorted macro environment. Enjoy!

Follow Jeff: https://x.com/dgt10011

Follow Felix: https://x.com/fejau_inc

Follow Forward Guidance: https://twitter.com/ForwardGuidance

Follow Blockworks: https://twitter.com/Blockworks_

Forward Guidance Telegram: https://t.me/+CAoZQpC-i6BjYTEx

Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance

—

Timestamps:

(00:00) Introduction

(02:01) Crypto Meltdown Post-Mortem

(07:09) Where Do Markets Go From Here?

(08:26) Evolving DAT Strategy

(16:17) Debasement vs. Purification Trade

(21:25) What’s Different this Time?

(26:31) The Cost of Years of Debasement

(31:42) Final Thoughts

Disclaimer: Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

#Macro #Investing #Markets #ForwardGuidance

Crypto's Biggest Liquidation, DAT Strategies, & The Purification Trade | Jeff Park

Powered by Wave AI