A while ago, we were discussing the serious decline in overall trading volume in the Bitcoin community, and the possibility of layoffs on exchanges. Today, we came across news of layoffs and some replies from OKX. It seems that there have indeed been layoffs. If the revelations are true, then it would be quite unfair to dismiss some of the previously lying down and earning money. There are also traditional industries like this, such as some in the food industry. If they are lucky enough to attract customers like Haidilao, they can continue to make money by sharing sales revenue. However, many companies want to lay off this type of sales because they see no increase in sales in the future. Many BD in the cryptocurrency industry have this outcome. Most of the exchanges owned by Chinese bosses nowadays are implementing assessment systems, which means that not only can't BD, who pays salaries and commissions, lie flat, but also some KOLs and those who have invited everyone around them cannot lie flat. They must recruit new employees, otherwise the rebates from the past will be lost. Compared to these BD bloggers who still receive salaries, these KOLs are all cheap labor, so you will find that many bloggers even change their names to "pull people". But now this market has no profit effect at all. To be honest, it's quite difficult to make a profit. At this time, it feels no different from deceiving people. So what the industry needs to do is reform, and platform regulation should be implemented to regulate VC crowdfunding and bring wealth effects back into the cryptocurrency circle. Instead of competing in the stock game, if you find that every bear market is fierce between the two companies, it means that there is a stock competition. Whoever can endure will be the king. The cryptocurrency market always sees the leftovers as kings. If one can survive a bear market, they will naturally become wealthy. However, CZ said that there will be a super bull market in the future, which means it will continue to rise. Do you believe this? I think the layoffs have just begun. Originally, the decline in trading volume at 796 was also a tactic, such as listing gold and crude oil futures, and later adding foreign exchange futures. However, it was not very effective and could only be delayed. It could not escape the fate of not making money and everyone withdrawing.