@sabretooth
you can tell who prints in crypto by the square footage of their side events. 🏛️
Exchanges — celebrities + VIP rooms
Market makers — five-star rooftops
VCs — curated lounges
Projects — co-hosted coworking, 8 logos per flyer
That’s not “ecosystem health.” That’s rent capture (fees → spreads → carry → crumbs).
If crypto goes mainstream, this pyramid has to flip: route more value on-chain to builders and users, not toll-collectors. 🧾
Do you agree?
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