# The bear market is a build market — next bull will be a different world

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2022-07-01
- **Theme:** Crypto & DePIN — https://www.gregosuri.com/predictions/crypto-depin/
- **Source:** WCEF 2022: Infrastructure for the New Internet - Web3 (World Crypto Economic Forum (WCEF))
- **Watch at:** 00:25:03 — https://www.youtube.com/watch?v=8RlL9feMiNk&t=1503s
- **Canonical:** https://www.gregosuri.com/predictions/crypto-depin/2022-07-01-the-bear-market-is-a-build-market-next-bull-will-b-oh7t/
- **Cite as:** Greg Osuri, "The bear market is a build market — next bull will be a different world," WCEF 2022: Infrastructure for the New Internet - Web3 (World Crypto Economic Forum (WCEF)), 1 Jul 2022, 00:25:03. https://www.youtube.com/watch?v=8RlL9feMiNk&t=1503s

## Quote — verbatim

> I think the next one to two years of a bear market is going to be tremendous progress with a lot of these problems, and that's going to be exciting. I mean, we see the next bull cycle is just going to be a whole different mode when you see all these problems solved.

## Context — site annotation, not spoken

He later calls it "a build market, I call it, not a bear market"; says VC drying up makes people resourceful, and post-Terra "nobody has money, people can actually start focusing on building."