The Moral Collapse of the Chinese Crypto Community To Elon Musk @elonmusk 2022–2023 marked the golden age of Chinese-language Twitter. Back then, there was no creator revenue you offered purely based on traffic. Two main groups of creators came here to share insights: Influencers who migrated over with their followers after their Weibo accounts were banned. Content creators who were already living overseas. These people came with genuine intent to share, and they often uncovered valuable market alpha. Whether it was Bay Area Spaces, inscription research bloggers, or spot and secondary market analysts. Back then, everyone believed the next bull run would be bright. People expected their altcoin spot holdings would deliver at least 5–10x returns. After all, A16Z poured capital into projects left and right, and every so often, stories popped up of Gen Z traders hitting A8 and retiring financially free. Then the tide turned. High-cap tokens pumped immediately upon launch. Instead of bringing fresh liquidity into the market, the ETF event drained what little liquidity remained, driven largely by Trump-related narratives. The crash on October 11 was almost inevitable. Long before that, many had already lost everything on altcoins. That black-swan event merely liquidated whatever leveraged contract positions were left. Starting around 2024–2025, after X rolled out creator ad revenue, a flood of traffic chasers emerged, catering to lowbrow audiences. These people do not trade crypto, nor do they care about any market narratives. They crossed over to this platform just to scrape together that tiny creator payout, as they have little footing in real life. Consequently, we saw the worst tropes from mainland domestic social media spill over: gender polarization, disinformation, and bootlicking culture. While you tweaked the algorithm to curb plagiarism, the platform still fails to incentivize high-quality content. Plenty of boundaryless content farms still rack up views, and accounts that harass others relentlessly often evade effective reporting penalties. Meanwhile, posts from creators I used to follow have vanished from my timeline. I kindly request that you strictly investigate accounts that distribute other users’ private information without consent.