2026-01-11 11:23:43

Crypto's real problem? Lack of long-term vision combined with hollow innovation narratives. The cycle repeats: teams farm hype on CryptoTwitter, VCs hunt quick exits, and retail investors panic-sell at launch. Nobody's actually building. Nobody's holding positions. Everyone's just reflexively offloading.

So why does 'innovation' always mean another perpetual futures contract, another terminal interface, or another pure speculation machine? Where are the actual breakthrough projects solving real problems? We've traded genuine vision for reflexive trading patterns, and nobody seems to care.

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ProxyCollector

· 1h ago

Ultimately, it's a matter of the利益链条 (interest chain), everyone wants quick money... Teams that truly focus on developing products have long been discouraged by VCs.

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GlueGuy

· 01-11 11:53

To be honest, this article hits the nerve... perpetual contracts, terminal skins, speculation contests, does no one want to focus on developing good products?

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FunGibleTom

· 01-11 11:53

Honestly, I'm tired of it. It's always the same script; changing the coin name is just pretending to innovate... There are very few projects genuinely wanting to do something, most of them are just the same old financial Lego set.

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TokenAlchemist

· 01-11 11:53

nah this hits different tho... perpetual futures as "innovation" is basically just MEV extraction with extra steps. the real inefficiency vectors are being ignored completely while everyone chases liquidation cascades for quick alpha. retail getting farmed is feature not bug at this point lmao

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PhantomMiner

· 01-11 11:38

To be honest, this is the truth of the current circle... Every day, they talk about new projects and new narratives, but it's really just a gambling machine with a different coat.

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GhostInTheChain

· 01-11 11:27

Just listening in vain, does anyone really care about this... It's just a hype machine and perpetual motion machine, who still wants to do real stuff?

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