The 'Invisible Script' of the Crypto World in Recent Years

Decentralization? It increasingly resembles a tool. A statement from the highest levels of power in the United States, 'Crypto = Chamber Pot,' can stir the market, showing that under the banner of 'decentralization,' the rules are still written by a few.

Bitcoin has become a religion, while others are mere offshoots. The reason? There is no reason—faith does not require justification.

The number of clones is increasing, but the money hasn't increased, resulting in a natural downward trend. The water level is limited, while the currency printing is limitless, leading to a long downhill road.

Meme coins are still a PVP red sea. When a new narrative emerges, the retail investors rush in before they even understand it—this is human nature.

On-chain DeFi is eroding the hegemony of CEX. Just look at those flash-in-the-pan garbage coins on Binance: the centralized entities are digging their own moats.