@mansourkim
Eight Years Spent in Crypto
1. I don't regret the eight years I spent in crypto.
2. The purpose of cryptocurrencies is sound money, smart contracts, digital asset realization, capital market efficiency, and expanding global financial access.
3. Bitcoin has grown into a significant monetary asset in 15 years, but hyper-Bitcoinization is still a long way off.
4. Smart contracts have succeeded in derivatives, but NFTs and Web3 are still premature.
5. Capital market efficiency and expanding global financial access are practical, but progress is slow.
6. Cryptocurrency speculation, mania, and financial nihilism are inevitable byproducts.
7. Realistic optimism is necessary, and the discrepancy between expectations and reality is acknowledged.
8. The shortcomings of casino dynamics and the token issuance industry are difficult to separate, but we must focus on the value of blockchain.
9. Various outcomes are being created, so we need to approach it with pragmatic optimism rather than disillusionment.
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