Recently, I often see this phrase——
Data is the oil of the internet in the 21st century, so extending that, computing power should be the oil of the AI era!
So what is the oil of Web3 and Crypto?
I believe it is: Consensus!
In a decentralized world, the most core resource you can possess is not code, not capital, but the willingness of others to believe in you; everything else beyond consensus is secondary!
Without consensus, there is no value:
Bitcoin is a natural consensus currency and store of value; Ethereum is not just an asset issuance platform, it is a 'builder of consensus'.
Memecoin is not essentially a joke, but a high-intensity consensus experiment: Can we rally a group of believers based solely on emotions, identity, humor, and culture?
I particularly like a sentence:
Data is 'collected', computing power is 'centralized', but consensus is 'believed'.