1 rich Libsyn https://www.libsyn.com 90 600 Nic and Matt are back for a truly chaotic week in the markets. In this episode:&amp;nbsp; Is DeFi's transparency a vice?&amp;nbsp; We reconsider the need for a lender of last resort?&amp;nbsp; We debrief on Consensus How will the Celsius situation resolve? Fidelity doubles down on digital assets Is the Fed trapped by inflation?&amp;nbsp; Was the Celsius situation foreseeable?&amp;nbsp; Where does the next marginal buyer come from?&amp;nbsp; Another crypto lender goes down&amp;nbsp; Class action lawsuit launched against Binance US Circle is launching Euro coin&amp;nbsp; Bill Gates dances on our grave&amp;nbsp; Content mentioned in this episode:&amp;nbsp; All Falls Down, by Nic Carter and Allen Farrington [pdf] On Impossible Things Before Breakfast, by Nic Carter, Allen Farrington, and Ross Stevens&amp;nbsp; Sponsor notes: Subscribe to the&amp;nbsp;Coin Metrics&amp;nbsp;State of the Network&amp;nbsp;newsletter &amp;nbsp; &amp;nbsp; On The Brink with Castle Island https://castleisland.libsyn.com/website <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/23455784/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/2f3976/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/23455784