Over the last couple of months, we have seen a complete collapse in the narrative and thesis of crypto. Social media and crypto gurus have gone silent, Crypto company founders are being sued and targeted by angry investors and government regulatory agencies. One clear outcome of all this is the significant outflow of capital from crypto ecosystems, and that capital has to be flowing elsewhere. And there are not many options out there. The fight to hedge against inflation does not seem to be viable within the crypto space anymore, or at least for now. What is clear is the confidence of regular everyday investors has been greatly diminished.   

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