DC大于C|Nov 08, 2026 14:16
As someone who entered the industry in 2018, I did have concerns about its value. Looking back, it doesn't seem like much.
Cat Brother mentioned worrying about the industry collapsing. In my eight years in the industry, haven't I worried a lot?
Back in 2018, when I first entered, offline events still featured young models (both male and female, yes, more direct than you imagine). Many projects needed this to attract attention.
If you insist on asking what these projects actually offered, well, it was just something like iCO launched on Ethereum. The concept was hot then. But what did they really offer?
Later, in 2019 and early 2020, I was truly disappointed with the industry. There were countless scams, and Ethereum couldn't even reach $400. Yes, just $400.
Even in 2020, there was the 312 crash (the financial market crash), and who could have predicted the crazy bull market a year later?
In that bull market, frankly speaking, unless your luck was extremely bad, you could make money even if you bought blindly. The only question was how much you made and whether you knew when to take profits.
Back then, DeFi (primarily on Ethereum) replaced ICOs and EOs.
Then came 2022. FTX collapsed, and Bitcoin was below $20,000. Who could have imagined that a few years later Bitcoin would reach $120,000 and Nvidia $200? If someone had told you then that Nvidia would reach $240, would you have believed them? Would it really have?
Frankly, I couldn't have foreseen it. 2023 had worn me down. I still remember my conversation with @PhyrexNi in mid-2023—I didn't know what the future held, what the industry's direction was.
Later, everyone knows what happened.
Today, honestly, I still feel anxious about the industry's value.
Actually, I've come to realize that, for me, someone at least seven levels above me has the authority to deeply discuss the industry's future. I can't reach those people.
Is it internal competition?
I don't know. But no matter what, does that mean we no longer believe in pie?
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