No one understands the plight of the common man less than crypto VCs
TBH this is the easiest bear market I've ever seen.
Seems like most of you have forgotten what 2022 was like. Luna collapsing, then 3AC, then FTX, then Genesis, BlockFi, Axie, NFTs--pretty much everything felt like a house of cards.
And then after all that stuff collapsed, the BANKS collapsed, stablecoins depegged, Gary Gensler and the president tried to destroy almost every company in the industry--I really wasn't sure how much of this stuff was going to survive.
Compared to that? This is breezy.
Prices have gone down, yeah whatever. Fundamentals are great. Crypto is working.
So relax, get something to eat. Lock in. We'll be fine.
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