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I think Lee is predicting a 50% market adjustment because each fiat dollar added into the cryptocurrency market increases market cap by $22.50 because of specul
by abbieseide 9y ago
I think Lee is predicting a 50% market adjustment because each fiat dollar added into the cryptocurrency market increases market cap by $22.50 because of speculation and other factors. It doesn't seem too crazy if you consider the volatile swings cryptos have had. Along with that, we dont know what to expect with this much money in potential sell offs because you can't expect investors to use other cash to pay taxes. They will just sell more crypto.