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Bear markets are the best time to build excellent technology. In many ways the pace of infrastructure development is faster than ever.
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Midway through last year, I think the music had stopped, but some people were able to keep on dancing for longer than others.
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My strong hope is out of this bear market, we will get much more robust solutions so that we can get rid of this multi-sig problem, and come out into the next bull market with a much more reasonable governance framework.