The biggest problem in the crypto world right now is strategic confusion, with a bleak and unclear outlook. Apart from the logic of casinos and payments, there isn't much value for the time being; what exists is just a large amount of pseudo-demand, which is also the reason for the failure of VCs in this market cycle. After all, the original intention of VCs should be value discovery, but if the industry itself has no value, how can anyone discover it? 🤷 #BTC

In the next market cycle, whoever can lead everyone through the fog to achieve value discovery will be the next crypto emperor. Whoever can clearly answer where the crypto world is headed will be the leader of the crypto space.