Something Went Wrong

“I suspect the core problem that has wended its way through the history of cryptocurrency is that the vast majority of people involved do not actually care what the thing they’re flocking to is. What they care about is that it has a graph, and that they get rich if the graph goes up, so they say whatever might make the graph go up.”

“I suspect the core problem that has wended its way through the history of cryptocurrency is that the vast majority of people involved do not actually care what the thing they’re flocking to is. What they care about is that it has a graph, and that they get rich if the graph goes up, so they say whatever might make the graph go up.”
https://eev.ee/blog/2025/07/03/the-rise-of-whatever/

It’s refreshing to see someone call out the hype, because crypto should be about innovation, not just chasing green lines and dreams of wealth