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What is Crypto For? Matt Levine Wants to Know

Bloomberg Crypto

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The Early Phase of Crypto Is Hell Bent on Reinventing Tradfi

There's an incredible momentum about the way that your story moves forward from, you know, like the white people to where we are today. But it does seem like a lot of crypto is hell bent on reinventing tradfi. And so all these people who worked at hedge funds and like making money, were like, I'm going to make a hedge fund in crypto. We're not like sentient in 2008, 2000. Yes.

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