Episode description
Cobie, co-founder of Lido and UpOnlyTv, and Chris Burniske, partner at Placeholder Ventures, talk about surviving a crypto bear market, the Terra collapse, lessons they’ve learned from their mistakes, and much more. Show highlights:
whether Chris and Cobie think crypto is in a bear market
why Chris says these are the times to buy
what effect the Terra debacle will have on the crypto industry
why Chris was expecting UST to blow up
why Chris thinks there is going to be another massive liquidation event
whether an algo stablecoin could work
why bear markets are sometimes a good thing
how USDT was stress tested and proved its resilience
how macro is affecting the crypto space and what the role of the Fed is
when will we see the bottom of this bear market
how meme coins are the symptoms of a broken system
why this crypto cycle is different
whether regulations are helping VCs rather than the retail investors
why risky assets are the ones that could increase 10,000x
whether the future of crypto is multichain or not
how developers signal what ecosystem is going to win in the next expansion cycle
whether Cobie thinks staking is dying
how Chris judges market bottoms and tops
what lessons Cobie and Chris have learned from their mistakes
what innovations will catalyze the next bull cycle
what needs to happen in the future for crypto to succeed
Thank you to our sponsors!
Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021
Cross River Bank: https://crossriver.com/crypto
Beefy Finance: https://beefy.finance
Episode Links
Cobie
Twitter: https://twitter.com/cobie
UpOnlyTv: https://uponly.tv/
Substack: https://cobie.substack.com/
L1 trading: https://cobie.substack.com/p/trading-the-metagame?s=r
Death of staking: https://cobie.substack.com/p/apecoin-and-the-death-of-staking?s=r
Token unlocks: https://cobie.substack.com/p/on-the-meme-of-market-caps-and-unlocks?s=r
Cycle Tweets:
Why “the next cycle” reasoning scares him
https://twitter.com/cobie/status/1524965475813568512
What projects will survive the bear
https://twitter.com/cobie/status/1469253171885318146
His call to “buy” on March 12 2020
https://twitter.com/cobie/status/1238282793244860417
Which VCs will win
https://twitter.com/cobie/status/1515667977118826500
Chris Burniske
LinkedIn
https://www.linkedin.com/in/burniske/
Twitter
https://twitter.com/cburniske
Previous Unchained episode
https://unchainedpodcast.com/chris-burniske-a-blank-slate-of-state/
https://unchainedpodcast.com/chris-burniske-of-placeholder-on-the-downsides-of-icos/
https://unchainedpodcast.com/want-to-diversify-your-portfolio-try-bitcoin-say-arks-chris-burniske-and-coinbases-adam-white/
https://unchainedpodcast.com/how-to-value-a-crypto-asset/
Cycle Tweets
Feb 2022 bear call
https://twitter.com/cburniske/status/1495468570708426754
March 2022 bear call
https://twitter.com/cburniske/status/1523021991619428352
November 2021 top call
https://twitter.com/cburniske/status/1457884538806308868
DCA advice
https://twitter.com/cburniske/status/1525906152881459200
https://twitter.com/cburniske/status/1500593438433021952
What could knock the market further down
https://twitter.com/cburniske/status/1525157945079496705
https://twitter.com/cburniske/status/1524260987787902978
2017 ATH calls
https://twitter.com/cburniske/status/1524838447784947712
https://twitter.com/cburniske/status/1524524188366635008
Trying to time the bottom
https://twitter.com/cburniske/status/1523573129431240710
Chris x Cobie
Luna
https://twitter.com/cburniske/status/1524280637431164929
Feeling sorry for people who have lost $
https://twitter.com/cburniske/status/1524267901456248832
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