The Second Order Implications of Crypto Settlement

There's a massive amount of permanent capital industry on the venture side of things. Anddreson just raised a four and a half billion dollar fund for right? Ther i think there's 32 billion dollars of crypto v c raised last year. Unlike in 20 17, which one seems more likely too? My guesses it's the latter. But you know, always got to be careful that you don't know when you're in the tail. You're describing a tail event. A small move in the tail is a large move on the axis. That isn't going to get solved by anything except fro criont blockme.

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