After watching the #Bitget music video "The Infinite Flip," I laughed.

Not because it was funny, but because it was so damn real. Let me tell you my crypto story.

First, I really admire Bitget's creativity. They turned the "death moments" of the crypto circle over the years into a dark humor short film.

I saw the little blue guy wearing a miner's helmet in the MV, with a big "BAN" stamp next to him and gold coins scattered all over the ground. It immediately reminded me of the 94 ban in 2021, which was essentially a true reflection of every Chinese miner.

At that time, I was at an ETH mine in Yunnan, with thousands of 588 and 1660 graphics cards. Just like that, everything stopped; the mood cooled down.

At that moment, I really felt that crypto was dead in China. Overnight, machines could not be operated, power was cut off, factories were going to be cleared out, and losses amounted to millions. If you experienced that moment like I did, you would know that the entire mining and crypto circles were in panic selling, with external media bombarding with reports of "the end of cryptocurrency."

At that time, I thought, that's it, this industry is really going to collapse.

But what happened? Looking back now, the mines are gone, but this industry has actually become healthier. Later, POS replaced POW, Ethereum completed its upgrade, and the entire ecosystem became more censorship-resistant and decentralized because of that "death."

Then came FTX.

The house built with a pompadour and playing cards in the MV makes me want to laugh. SBF's pompadour has really become the most expensive hairstyle in crypto history.

I personally held FTT and some crypto assets on the FTX exchange, and I was close to losing a million dollars. I'm not lying; I really questioned my life at that time. A leading exchange in the industry collapsed suddenly, and billions of dollars of user assets evaporated in an instant.

During that time, the first thing I did every morning was check the news to see if FTX could pay back, and to check which exchanges might blow up next. Faith? At that time, it was really shaken to pieces.

Outsiders began another round of the "crypto is dead" chorus (looking back, it happened to be near the BTC low point).

But guess what?

The industry came back to life. FTX collapsed, but transparency became the industry consensus. Proof of reserves became standard, on-chain settlement was given more importance, and centralized exchanges began to actively disclose audits.

This is the flip logic of crypto—"Every time there is a 'death,' it is actually a rebirth."

According to 99Bitcoins, Bitcoin has been declared "dead" 477 times.

• Mt.Gox collapsed, dead

• 312 crash, dead

• China's 94 ban, dead

• Luna went to zero, dead

• FTX crashed, dead

• SEC sued various projects, dead

But every so-called "death" actually eliminates the weak and leaves the stronger behind.

The MV made by Bitget captures this essence. It doesn't avoid, gloss over, or shout slogans; it turns these "collapse moments" into dark humor self-mockery.

"Crypto never dies. It flips."🫡

This statement is so true.

Crypto isn’t that it never dies, but every time it seems like it’s going to die, it can flip around, change its posture, and continue to live.

Miners are banned? Switch to POS.

Centralized exchanges collapse? Decentralized finance rises.

Regulation suppressing? Compliance accelerates.

The bubble bursts? Truly valuable projects settle down.

Since I entered the circle in 2017, I have experienced too many "crypto is dead" moments.

Every crash, someone in my friend circle announces their exit, vowing never to touch this industry again. But looking back a few years later, those who survived are all stronger than before.

The most fascinating part of this industry is its anti-fragility.

The more it is oppressed, questioned, and mocked, the faster it evolves. This resilience is something no traditional financial industry has.

So after watching this MV, I suggest every crypto enthusiast to watch it.

Not because it’s shot so splendidly, but because it turns all the "dark moments" we have experienced over the years into a shared cultural memory.

We do not deny the chaos, but we prove survival.

The Yunnan mine is gone, but I am still here.

FTX exploded, but I am still here.

Countless "crypto is dead" moments, and I am still here.

This industry is still here.

And it will keep flipping.🧐

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