I haven't tweeted in a long time, but this time I want to stand up and support Star @star_okx. OKX has also been featured in memes.

CN
Boreas
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2 days ago

It's been a long time since I posted, but this time I want to stand up and support Star @star_okx.

OKX has also been involved in memes and so-called "pyramid schemes," but more importantly, it has been deeply cultivating the infrastructure of this industry, from EVM multi-chain support to BTC inscriptions, and now to on-chain trading.

OK has spent a lot of money and assembled a large technical team to create many excellent, user-friendly, and long-term free infrastructure products.

In contrast, Binance, while having a huge liquidity advantage and firmly holding the top position in the industry and ecosystem, has not shown any foresight or positive guidance for the crypto industry.

Yes, we all come to this industry essentially to make money; no one is a saint. But now the industry has become so distorted that most practitioners are staring at a screen full of incomprehensible tickers, fantasizing about getting rich overnight. High-quality content KOLs are severely impacted by KOLs who excel at getting responses from big shots, and excellent teams working tirelessly cannot compete with developers issuing scam coins.

The essence of the crypto industry is the next generation of finance. Finance does not create value; the financial industry needs to continuously absorb value from the real economy. Some people make a lot of money in various ventures, which inevitably means that more people are losing money. The wealth in the industry has not increased; it has only been transferred.

This is also why, in this bull market, there is no altcoin season; there are only blue-chip tokens directly linked to external US stock market liquidity through ETFs or DATs, which appear to be the performance of a bull market. Wall Street people are not foolish; traditional finance practitioners are not foolish. They will use dollars to buy into decentralized ideals, bet on DeFi, and promote blockchain infrastructure, but they will not play the current on-chain word games with us.

However, existence is reasonable, and I still want to wish many friends and projects that have achieved great success in memes the best. What version it is does not matter to the participants; it is a matter for those who set the version rules. It is more important to see through the version and master it!

OKX #Binance #Meme

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