Looking back, I found that in the 16 years since the birth of the cryptocurrency circle

Except for Bitcoin and stablecoins, other tracks are like a gorgeous bubble

DeFi is full of loopholes and has become a cash machine for hackers

NFT has poor liquidity, and only the buyer is left in the end

Web3's slogan is loud, but it is as slow as a snail

And now, only some memes are left to repeat back and forth

Sometimes it is really ironic to think about it

We thought we were building the future, but we were just repeating history

Security issues are talked about every year, and they explode every year

Innovative concepts are hyped every day, and they are cold every day

In the end, the biggest application of blockchain is

Helping the rich avoid taxes and helping gamblers bet

Is this the decentralized revolution we envisioned?

Perhaps, the most ironic truth of this industry is

The more successful Bitcoin is, the more it proves that other tracks are futile.

Perhaps, we have wasted too much time and chased too many illusions.