Michael Terpin

They can't find any, right?

Everybody's scrambling to find coins and the price just keeps going up.

And there's a, there's a short squeeze.

And, you know, you may, you could see 300, 400,000 this cycle.

And then people are going to FOMO in and say, oh, it's going to go to a million by the end of the year.

And that's when they get wrecked.

Right.

So you need to look on chain.

I talk a lot in the book about how to identify these things.

I also have a fund that's coming out where we do it using algorithmic, you know, technology and and my strategy.

And, you know, that's that.

The super cycle, I think, is going to be about three cycles where you reverse the diminishing returns.

It's happened in gold and silver.

It happened in gold in the 70s when, you know, the price of gold, because of a fundamental change, quadrupled in a decade.

And that's because, you know, the U.S.

got off the gold standard and simultaneously they let Americans start owning gold again.

And the 90s, it happened across commodities when China started buying everything.

And so I think that's happening in Bitcoin now because people just like buying gold, you know, they're afraid of all the debt and they're diversifying.

And so it's only a matter of time that we end up having this supply shock.

Yeah.