The Milk Road Show The Market Should Be Crashing… So Why Is Crypto Holding Up? w/ Christopher Perkins
Mar 19, 2026
Christopher Perkins, President at CoinFund and former Marine, blends finance and defense experience. He unpacks why markets seem calm amid geopolitical stress. He explores oil shock risks, US energy resilience, and how tokenization, Bitcoin, and stablecoins thrive in a 24/7 world. He also talks institutional adoption, regulatory clarity, and how politics could shape crypto’s future.
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Crypto Gains From Global Trust Erosion
- Crypto benefits from a breakdown in international trust because trustless, permissionless systems meet renewed demand for dollar alternatives and censorship-resistant stores of value.
- Christopher Perkins argues governments buying gold lacked Bitcoin readiness, while institutional rails and stablecoin demand are improving now.
Use 24-7 Crypto Markets For Risk Management
- Use crypto's 24-7 liquidity to risk-manage portfolios during geopolitical shocks instead of relying solely on traditional markets.
- Perkins says fiduciaries need continuous markets to hedge LP exposures when weekend operations or surprises occur.
U.S. Energy Resilience Buffers Oil Shock Locally
- U.S. energy self-sufficiency mutes immediate oil-shock impact on U.S. markets, but Asia and Europe feel the strain from Strait of Hormuz disruptions.
- Perkins notes Brent-WTI divergence and Asia's dependence on Strait shipments as a key vulnerability.