HumphreyAdas (humphreyadas)

HumphreyAdas

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I read this book in 2025,this book help me to have a clear web3 knowledge system,thank you a lot

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Contrary to popular belief, a pendulum actually spends most of its time at the two extremes, with extremely high speed and very short duration in the middle. The time swinging toward the extreme points is spent accumulating kinetic energy for the reversal at the other end. That's why the crypto world forever only has two states: either we're winning big and about to change the world, or it's all over and blockchain is a scam. This is precisely a manifestation of human nature. This is also what Graham referred to in his famous parable of the "manic Mr. Market."

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