The crypto market is shrinking

But venture capital keeps pouring in. What happens next?

May 11, 2022

∙ Paid

Today, let’s talk about an obvious but under-discussed aspect of the tech world’s big push into crypto: the money keeps rushing in, and the users keep leaking out.

Every day on Techmeme, headlines reflect two kinds of stories about cryptocurrency and the broader world that enthusiasts call web3. One is a story about a substantial a…

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