Introduction

Santiago Santiago: This year, we're sitting down to a banquet of consequences basically from the last two years previous. The Fed has probably debatably over corrected to an enormous amount of liquidity that they injected into the system in starting in March of 2020 with the COVID crisis. We've started to figure out that crypto was more systemically weak specifically around leverage and C5 than we thought. Sanjay Gupta: And it's been in some ways not this particularly great year forcrypto but I'm very optimistic for this coming year.

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