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Mike Bird

@birdyword

Wall Street editor @TheEconomist. Money Talks pod co-host, Buttonwood column co-author. Just a lad from Leeds with a lust for markets, economics and history.

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calendar_today28-04-2010 18:53:58

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Mike Bird
@birdyword

3 years ago

I can't wrap my head around what "otherwise strong but in a liquidity crisis" really means when you're talking about crypto. It's all liquidity, that's the game, there's no connection to the real economy so no recovery value that would imply longer-tern solvency.