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The speaker discusses the possibility of a long bear market for three years or longer, compares Thanksgiving dinners from last year to this year. They question how to attract new people to cryptocurrency after recent events, speculate on potential government actions against DeFi, and debate the industry's shift towards privacy or registered security tokens. The speaker mentions the FTX collapse, insolvency, and political influence, including donations to Democrats and non-profits. They criticize media companies for supporting a narrative that downplays these issues.
