Michael Terpin

If institutions already know there's this cycle, why can't they prep for it?

I did my math.

It would be 44K to 38K.

Correct.

So we shouldn't be rushing to buy now?

He's one of my favorite guests, the crypto godfather, Michael Turpin is here.

Welcome back.

You are the founder and CEO of Transform Ventures and co-founder of BitAngels.

Also, you have a very, very popular book called The Bitcoin Supercycle.

We're going to talk about that later.

But just when I invited you to be on the show this time, you said, I'm happy to follow up.

And as I predicted more than a year ago in the book, the bubble popped.

Could you tell us more about the Chinese mining ban you were just talking about?

You have a post on February the 10th.

You said AI legendary trader who's been in the market for 50 plus years said Bitcoin sell-off isn't random, it's organized.

So what you're saying is institutions, they sold first and then retail kind of followed?

Right.

What happens if we didn't have 1010?

Let's talk about Bitcoin for now.

And later we might go to Ethereum and other asset class.