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

Making Markets

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The Inherent Flaw of Debt Management

The first quarter was so important because Bitcoin started to act like a digital form of gold. It's just how the market looks at it is that if you think a system is going to be broken somehow, Bitcoin is an interesting asset. Hyperinflation is a symptom of a broken economic system. A banking run is a system of a broken financial system.

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