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Quarterly Market Recap: Q1 2023 - [Web3 Breakdowns, EP.67]

Making Markets

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The End of Signature

Signal was bought out of receivership, but the crypto assets were not another weird part of the story. Any bank can do this, that's not the magic they could have a B run 24 seven. The magic is building APIs, the technology layer that lets you do this. And if you think about it, it's not a bad business model. You're making money on the nights and weekends when your banks are open."

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