Henrik Zeberg
๐ค SpeakerAppearances Over Time
Podcast Appearances
In a matter of 15 years, that's pretty frothy.
NASDAQ, Bitcoin.
Bitcoin is up 1.2 million percent since 2012.
So now people say, yeah, but, you know, it can keep going up.
Well, if you have a bubble and it bursts and NASDAQ and Bitcoin are following each other very, very closely.
Nasdaq actually tumbled, crashed 85% after 2001 in that massive bubble that is way smaller than what we have today.
Now guess what is going to happen to Bitcoin when Bitcoin crashes much, much more every time we see a decline in Nasdaq?
I say Bitcoin is going to crash by 95%.
That's not what we hear.
when we hear the media, the academia, the crowd and the emperor's new clothes talking about this.
And then we also have a situation where we have a slowdown in the economy.
It's very visible.
A recession is where bubbles burst.
And when a bubble bursts, you're going to hurt if you have those assets that are crashing.
So let's say, all right, we have a recession coming and NASDAQ dropped by 85% in 2001.
And we have a larger bubble this time, much larger.
What is going to happen if the economy falls into a recession and we see NASDAQ crashing in this AI bubble we have?
I say, Bitcoin, crypto,
It's a massive bubble.
It doesn't take away that there is a technology, just like in the locomotive, steam engine, and also what we saw with the radio and so on.