Encryption is not dead; it just needs to grow up.

If you look closely at the discussions over the years, you'll understand - we've been self-indulging. Which L2 is faster, which DEX has higher yields, which project has the fattest airdrop... these topics keep repeating. But the problem is, the audience for these discussions is still the same group of insiders.

The real turning point should be here: encryption needs to move from "self-circulation" to "real-world application."

The current pain points are very clear— we are heavily caught up in technical parameters, but ordinary users can't feel what practical problems blockchain has solved. The high APY of DeFi is only meaningful for those who already have funds, and airdrops only attract those looking to take advantage. This is not about expanding the ecosystem; it's about repeatedly harvesting within the existing circle.

For the cryptocurrency industry to truly thrive, it must rely on applications that can change daily life, rather than continuing to compete over parameters and yields. This is the transformation from small-town youth to urban white-collar workers.