Where are we? As the Federal Reserve kept raising the benchmark interest rate due to the supply chain disruption caused by the Ukrainian War and China’s lockdown, the global economy finally, and somewhat unexpectedly, veered toward recession and deflation, manifested by the recent deep downturn of global stock, commodities, and housing markets. Following the pattern of early tech-bubble bursts, the blockchain industry took an even harder tumble. In the last 3 months, the gold market has dropp...