Michael Peres with Les Borsai—serial tech entrepreneur, early crypto adopter (Ripple advisor, early ETH/XRP/Tezos/NFTs), and co-founder of Wave Digital Assets—on weathering extreme volatility and why crypto keeps bouncing back. From the Silk Road era to China bans to last week’s massive liquidations, Les explains how the asset class has matured, why Bitcoin is shifting from “risk asset” to “safe haven,” and what music-industry instincts taught him about navigating hype cycles.
In this episode, you’ll learn:
• What actually matters during flash crashes and liquidation cascades.
• How pros think about resilience, risk, and position sizing in digital assets.
• Why high-cap coins (BTC, ETH, SOL) held up—and what that signals.
• Lessons from bridging entertainment and crypto for the long game.