Orange Book: Crypto Impotence

A terrible boredom is spreading in the Crypto world, like the Black Death. No one knows where it started, but before you know it, you find that this disease is everywhere. Looking back, I may have been infected at the beginning of the year. At that time, I felt: "I don't know if it's because the end of the year is approaching. I have suddenly lost interest in some things recently. I feel like "doing a temple in a snail shell". It is not air, but it is not fun enough. This embarrassment in the middle makes people feel uncomfortable. People have a mid-life crisis, and the country has a middle-income trap. It feels that the currency circle is now stuck in the middle road quagmire. The size is not small, and it is not the rookie of the year, but it can't come up with a product that can really be full of applause. New things are also being explored, but, hey, it's hard to say."

I thought it was just an occasional emotion, but I didn't expect this embarrassing situation to improve at all. On the surface, they don't take over each other. Retail investors look down on VC, and VC looks down on MEME. Looking inside, the Crypto industry can no longer support the current inflated market value.

Maybe this is just a short-term gap, maybe in two months, there will be a flood of liquidity to save us. But one thing is becoming more and more obvious, the Crypto industry has not created enough real value, and it still hasn't after so many years. In the past, we could say "it's still early", but this reason is becoming less and less valid.

Maybe an Atari crash can clear out the bizarre glitz of the Crypto industry and force developers to think carefully about who has created value for this product we developed? Is there no other use except adding a new target for currency speculation?