Today, a Korean guy messaged me saying the Korean stock market just triggered another circuit breaker. Samsung Electronics and SK Hynix keep dropping. He said this is the worst summer of his adult life. This year, he watched his coworkers make big money, so he threw all his savings into the stock market and even added 5x leverage. Then the market crashed, and his account got liquidated. He lost five years' worth of savings in one go. The Korean won has been depreciating all year. His coworkers have canceled their plans to travel abroad, and he can’t even scrape together next week’s rent. Today, while walking in Seoul, he saw everyone on the street suddenly stop what they were doing, squat down by the roadside, and cry their hearts out. He said he feels so sad, like he’s fallen into humanity’s darkest era. ------------------------------- Today, a crypto girl messaged me saying: This is the best summer of her adult life. This year, she found a job, converted all her salary into Ethereum, and made five years’ worth of wages in one market cycle. Gas fees on-chain have dropped, airdrops are everywhere, and she can casually spend a week on a tropical island— just sell a little ETH, and it’s enough. The day before yesterday, she was walking in Seoul, when her phone suddenly popped up a notification: Ethereum hit a new all-time high. Everyone in the crypto community on the street stopped what they were doing, hugged each other, and cheered. She said that moment made her so happy, like humanity’s golden age had already arrived.