Two days ago, Polygon CEO posted about @0xPolygon Labs' acquisition, layoffs, and transformation, which sparked a wave of mockery in the comments. But I think this is definitely bullish: The mockery mainly revolves around Polygon's decision to pivot to the payments track, which is seen as a move closer to Web2 and further away from Web3, offering zero value to POL token holders and disregarding their interests. Here’s why I think it’s bullish: Polygon had already repositioned itself as a high-performance blockchain focused on payments as early as last June when @sandeepnailwal returned. The payment data has been consistently improving, which strongly validates the demand for it as a payment chain. The acquisition, layoffs, and transformation by Polygon Labs are not impulsive moves but well-thought-out decisions, showing their determination to go all-in on the payments track. The transformation is merely a pivot in the application scenarios on the chain. The essence of Polygon as an underlying infrastructure remains unchanged. Almost all payment transactions rely on the Polygon base chain to be executed, with Polygon acting as the settlement layer for the payment service provider. The payment transactions initiated by users/merchants are essentially completed on the Polygon chain in the form of stablecoin transfers and settlements, but users are unaware of how the payment is processed on the backend. The larger the payment network grows, the more active transactions will be on the Polygon chain, bringing more traffic and value to the underlying chain. So in the long run, this is bullish for POL.