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I did mention that and said it was a stretch to assume. The exercise is nonetheless useful, I think, just to get a base idea of what numbers would have to be IF
by graeme 5y ago
I did mention that and said it was a stretch to assume. The exercise is nonetheless useful, I think, just to get a base idea of what numbers would have to be IF markets were working normally.
It's also probably a maximum on net new money entering the market with stable prices, come to think of it. Though I'm inclined to agree with your view that actually the markets are net negative, being held aloft by Tether/exchanges, and will be vulnerable to a swift collapse when the money runs out.
I'm just not sure $100 million is the amount to do it.