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

Making Markets

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The Diversification of the Banking Sector

The way you make big banks even bigger is to let them buy up all the smaller banks. So this is an opportunity to get a huge amount of deposits that the big banks cannot do and won't do and don't need to do. When big banks are the only ones in charge, who lends money to an entrepreneur who says, oh, like who wants to go? You just got $5 million for venture capitalist to banks want that money right now.

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