The crypto circle is more focused on token investments and trading, making it susceptible to speculative hype and scams.
The blockchain circle is more focused on the development and application of underlying blockchain technology, such as smart contracts, decentralized storage, supply chain traceability, and CBDC.
➡️ We cannot deny the entire blockchain industry just because some 'air coins' and 'pyramid schemes' exist.
B technology truly exists and has widespread applications.
Ethereum: A smart contract platform that supports key ecosystems such as DeFi, NFT, and DAO.
Bitcoin: Has become an asset similar to 'digital gold', recognized and held by many institutions.
Solana, Polygon, Arbitrum, etc.: Focused on high performance and low cost, widely used in Web3 applications.
➡️ The technology has been implemented, and some blockchain networks have millions of active users and real transactions.
B has compliant projects and institutions participating.
Payment giants such as PayPal, Visa, and MasterCard are all involved in stablecoins and blockchain payments.
Wall Street institutions like BlackRock and Fidelity are entering through Bitcoin ETFs. Several governments (such as Hong Kong, Singapore, and the EU) are developing clear regulatory frameworks to promote compliant development.
➡️ If the entire industry were a scam, it would be impossible to attract so many compliant giants into the market.
B scams exist, but they are just the 'growing pains' of the early stage of industry development.
Just like during the internet bubble in the 1990s, speculators and scammers also flooded into the market.
The crypto field also needs time to filter out valuable projects.
➡️ Web3 is also in its early stages and needs regulation and time to filter out truly valuable projects.
B practical scenarios are expanding.
Decentralized Finance (DeFi): Allows borrowing and yield farming without banks.
Stablecoins (USDC/USDT): Have become important tools for cross-border payments and risk-hedging funds.
NFT, DAO, Metaverse: Exploring new models of digital property rights and organizational governance.
