Last week, I spoke with CBC Radio One, a national business radio show in Canada. Paul Haavardsrud interviewed me. The show went live on Sunday. [Cost of Living]
Paul was a great host. He let me do most of the talking! Paul wants to know why crypto is crashing. I tell him it’s because the money is all gone. He asks, “Well, where did it go?” Excellent question!
Naturally, that led me to bring up Tether. I also explained that while bitcoin’s value may never drop completely to zero, it could become a lot more difficult to trade if liquidity dries up.
The show repeats on Tuesday, June 28, at 11:30 a.m. NT in most provinces.
If you want to learn more about why the crypto bubble is bursting, read “How 2020 set the stage for the 2021 bitcoin bubble,” by myself and David Gerard, along with “The Latecomer’s Guide to Crypto Crashing.”