I really do feel like this cycle, we've kind of lost our way as an industry.

I mean, Bitcoin's doing fine.

I mean, you know, Bitcoin is doing what it always does.

But everything other than Bitcoin, I think the industry kind of like lost its way for a little while

because investors just decided to flock to the get rich quick stuff,

rather than like, let's actually try to do something.

Welcome to Bankless, where we explore the frontier of internet money and internet finance.

Ladies and gentlemen, Bitcoiners and Heathholders, meme coiner manlets and Celestia mammoths,

champagne, VCs, and retail

trench diggers, this episode is for you. Ben Cowan from Into the Cryptoverse is on the episode today

discussing what the hell happened to this cycle. Bitcoin dominance is on a monster run, further

than anyone expected. The ETH-BTC ratio continues to suck eggs. Memecoins are sucking

liquidity out of the market and the meme coin meta looks like is on the verge of wrapping up.

And what about the sole Bitcoin ratio? Who's got their eyes on the sole Bitcoin ratio?

We are talking about broad crypto markets today on the podcast with immeasurably valuable guidance from Ben Cohen,

who is known as the

guy who, years ago, started calling for ETH to go home, back to dollar and Bitcoin denominated

lows. Did it go home? We had Ben on the show about five months ago back when the window for

Eith going home was just about opening. But now, towards the middle of February, did it go home,

or is there more to go? And while there are hundreds of different questions I could ask Ben

about the state of thousands of different crypto assets, maybe none of that matters when

everything relies on either quantitative tightening from the Fed or fiscally managed inflation and jobs from the Trump

...