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

Making Markets

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The First Quarter of 2023

There's a bit of a sense of pride or astonishment, definitely a rallying around people that feel like they're in it for certain reasons. There's just a lot that I think we do this sometimes where if you gave me all the headlines and you said, silver gate and signature would be gone, that the regulators would be talking about all of these aggressive positionings that FTX disappeared. If you'd give someone those headlines, you'd have Bitcoin at $5,000 and eat that a couple hundred bucks, not where it is today.

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