LIVE NOW IN NYC:
CANAL ST CRACKDOWN

(1) Govts print trillions, wrecks economy
(2) Govts “offsets” the printed trillions through promises to make changes that, according to some paper, are supposed to bring in enough to offset the printed money
(3) Random paper says black market crackdown should bring city extra millions
= Canal st crackdown, for first time in decades

Prussian Quadrant explanation of what we're seeing now in crypto, and in larger tech markets:

The stupid+industrious, which had dominated the past wave, have now outlived their temporary usefulness, now getting mass-purged from the market, often by their own hand.

Could’ve been us
🐻🐻🐻

State of web3