This round so far is called a mutual non-intervention bull market.

Institutions are maneuvering, with narrative at the chain level, a 1 billion valuation, selling coins upon listing, and retail investors are not participating.

BRC20 fair issuance, retail investors with high execution capability drive up the targets, without time and space to absorb large money at the bottom, institutions are not participating.

Binance takes the lead in supporting coins that OK doesn't, and coins that Binance supports are not listed on OK, each establishing their own foothold and finding their own muscle, with everyone holding a bunch of projects, and exchanges are not intervening with each other.

The East is playing with inscriptions, while the West is rushing into DePin; now the West is starting to rush into inscriptions and runes, while the East is forming L2, mutual non-intervention between the East and West.

Advocating playing new rather than old, old projects are struggling alone, new projects are not yet mature, imitation projects are flooding in, and new and old are not intervening with each other.

In a game of existing stock, battle-hardened, both sides are very clever, and only elites are left.

I want to establish DumbMoney (limited partnership), meaning: 'silly money.' Let's see what true investment looks like in the post-Buffett era.