formerly in finance...interesting to hear and unfortunately can't do any digging as i'm getting up for the friday grind...can you tell me what you mean by "normal headge fund leverages?"

2 and 20 is a term often thrown around a decade back but i've never heard the phrase "normal hedge fund leverages."

Is he started a futures fund? is that where youre getting the 5x margin from?

There aren't many ways to lever up on crypto atm besides going long and spreading out risk. futures is another way of course since just last week, and i haven't checked the volume but i seriously doubt there is enough interest willing to take the short side of 500MM, particularly in bitcoin.

ill try to get to watching the clip this weekend but if you could elaborate and clarify before then, that'd be awesome as well.