吴说区块链|Jan 25, 2026 03:24
"Opinion: Crypto Must Ensure the Cathedral Isn’t Devoured by the Casino" (Author: Jocy @IOSGVC)
The key to the crypto industry isn’t about “who stays,” but rather “why they stay” and whether the ecosystem can support a long-term revolution. In the U.S., OGs continue to invest in public goods, infrastructure, talent development, and thought leadership after accumulating wealth, essentially “nurturing the cathedral” for the industry. However, under policy and cultural constraints, China’s crypto ecosystem tends to lean toward short-term speculation, leading to talent loss and stagnation in value creation. The article borrows Buffett’s metaphor of “not letting the cathedral be devoured by the casino,” emphasizing that if crypto degenerates into a zero-sum gambling game, it will drive away those genuinely aiming to create value.
Crypto’s long-term vision must rely on systemic feedback mechanisms, public goods development, and value-driven investments to form a positive feedback ecosystem and avoid being eroded by short-term speculation.
Read the full article: https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=55637
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