He is right on all counts about Bitcoins, Tethers, Lightning and so on, but I still wouldn't short crypto today. Irrationality is still building up and opinions

He is right on all counts about Bitcoins, Tethers, Lightning and so on, but I still wouldn't short crypto today. Irrationality is still building up and opinions of crypto adepts are "buy". At least I think so by reading forums. If I had to guess crypto will require a large external event to crash - Taiwan annexation, Zeta variant of Covid, Russia invading Eastern Block etc. Something which will prompt one or more large players to get out first, and then it will start falling down like a house of cards because of Tethers (and now USDC are suspect too).