Things We're Reading - May 2023

Benjamin Franklin and Paper Money by the Philadelphia Fed

https://www.philadelphiafed.org/-/media/frbp/assets/institutional/education/publications/benjamin-franklin-and-paper-money-economy.pdf

CoinMetrics State of the Network focusing on the liquidity landscape

https://coinmetrics.substack.com/p/state-of-the-network-issue-207

Hutt Capital Blockchain VC Landscape

https://medium.com/@HuttCapital/hutt-capital-blockchain-vc-landscape-2023-edition-744ec489a0ce

Fleeing U.S. Crypto Firms ‘Welcome,’ French Regulator Says

https://www.coindesk.com/policy/2023/05/17/fleeing-us-crypto-firms-welcome-french-regulator-says/

Long-form Missive on Banking and Macro from BitMex founder, Arthur Hayes

https://cryptohayes.medium.com/the-denominator-536a8de34bf0