1min chapter

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Crypto in 2023: Predictions Episode

Empire

CHAPTER

Is Crypto Going Away?

I think my reflection on this year actually is a maybe a more optimistic one. We've had four we've had four this is the fourth bear market in crypto so 2011 fell from 32 bucks to two dollar. 2014 falls from I think it was like a thousand bucks to somewhere around 200. 2018 falls from 20k to 3k and now we've fallen from what is it 68k to whatever bitcoins out today. This is the first bear market in history where people have not thought that the industry is done. Nobody's asking themselves is crypto here to stay nobody's saying like will NFTs come back there's just an inherent understanding that the industry will recover. That is a really unique thing

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