Dannyy

Do you think I would say Happy New Year? New year, new hopes, new atmosphere?!
Don't be silly, kid. In the new year, whether there are new opportunities is hard to say, but there will definitely be new hardships and new troubles.
Old problems haven't been solved yet, and new troubles keep coming—this is the normal state of the world.
The ancients only told you that most of the unhappy events are eight or nine out of ten; in fact, the remaining ten or nine out of ten are also unhappy.
It's not that I don't want to tell you the truth, but I hope you can be a bit more optimistic.

2025 Summary? Outlook? hhhh
Compared to everyone thriving in 2025, conquering the entire universe in seconds, and making every hand count, this is my annual summary.
My main theme in 25 years can be said to be smashing a good hand, breaking it, ruining it, and wasting it.
Many people tell me to rest well? Or go to work? 😂 Luckily, I am old enough to still be at the table, my blood hasn't cooled, and I haven't retired yet.
In 26 years, we will come with the first principles learned from Chaoshan - selling shovels to shovel sellers. This time, we will flip the concept of "trading" upside down.

These days, I took a short video media course (yes, Lao Deng basically doesn't watch them, and I haven't even downloaded them). The biggest takeaway is: not everything is about IQ, cognition, choices, or innate xx.
Besides the IQ tax, there are also the sweet tax, appearance tax, faith tax, anxiety tax, patience tax, execution tax…..
Attributing it to insufficient cognition and the IQ tax, fundamentally, it's also a form of strategic laziness.

Regarding $lit lighter witch hunt, it should be a reverse inference to the local optimal solution after going back to bn.
It is known that currently bn will not d0 on perp and spot, and there will be a period of market observation (i.e., cannot be too weak).
It is known that to go back to bn, an airdrop of n% of tokens to bn holders is required.
There is initial observation pressure, followed by selling pressure (the latter suppresses the former).
If you don't control the chips well, you'll have to spend a lot of money; otherwise, you'll rely on market buy orders to push the price up, which is

In the current AI model versions, the advantage belongs to those humans who are observant and can accurately describe problems.
When you doubt the effectiveness of AI, it's very likely because you haven't described the problem, context, and conditions clearly and accurately.
Don't worry about being eliminated so quickly; after all, most people on the platform don't even know what questions to ask, let alone describe the problems clearly.
The current crypto AI agents don't need to be so flashy; being able to assist humans in describing problems properly is already good enough.

26 Years of Decentralized Business Models: Disguising Liquidity as a Public Good vs Disguising Security and Stability as a Decentralized Product
1. Uniswap has eliminated front-end fees, ushering in an era of protocol-level fees
Ethereum has increased packing fees for L2
The public good logic is gradually shifting towards a commodity logic
2. Hyperliquid's builder code encourages front-end fees
A product based on centralized liquidity as the business logic
3. Mercenaries wrapped with VC-backed credit and pre-TGE expectations will continue to shine
Path dependence and arbitrageurs have not disa

Regarding the arrival of AI "revolutionary" productivity, ordinary people haven't even reached the point of "being eliminated if they don't embrace it."
Just like three years ago, when people said those who didn't embrace blockchain would be left behind by the times, do you see any particularly advanced changes from those who only came in three years later?
The iteration of new technology will only initially create wealth for a certain group of people. You just haven't enjoyed the dividends yet, but you won't be eliminated so quickly.
Why? Because those who want to eliminate you haven't even r

Since everyone is celebrating the holiday, I'll share some "soft" content to relax everyone tomorrow morning 😂
I've been experimenting with different styles recently, planning to imitate the media's "Top Ten xx of the Year" style to write about ten milestone events in the crypto industry that I believe will be significant in 2025
If you're interested, feel free to leave a comment and guess, and see if the events you think of are the same as mine? 😂

The market is not doing well; activity is being sustained by technical updates.
It's really the market conditions are poor. In December alone, the VIP API updates almost match the total of the previous quarter...
It's making me want to vomit.

Selling shovels in 2026 is more cost-effective (ROI) than mining;
If there's anything better than selling shovels, it's selling shovels to other shovel sellers.

From an investment and project development perspective, I think the cost-effectiveness of market prediction is no longer high, especially since prediction markets will eventually embrace regulation.
However,
there is still a chance for arbitrage tools.
There is more potential in traffic diversion tools.
Whether it's CEX, PerpDEX, or prediction, ultimately they will enter a traffic battle due to their similar categories.
After all, the largest operating expense for giants like Bet365 is channel fees/rebates. Don't tell me that your father is Qin Shi Huang, so we're different.

Wearing school uniforms is a protection for everyone.

Today I finally understood this sentence: The Blue House only has losers, but no cowards.
Those with the surname Li are too imba.

Even hanging oneself, you need to catch your breath. The volatility in the crypto world is manageable now. Where are there so many uphill, downhill, towering, and steep slopes—bull markets and bear markets...
Let's take a break first and talk later.

Flattery is just the entry point; truly opening your heart and speaking honestly is the real way in.
For those who always want to establish a persona, appear noble, but are actually poor and sour (uh, speaking of Lao Deng), the most unbearable thing is that kind of concrete, heartfelt honesty.
At first, it’s not about praising you, but telling you a story.
This story involves specific characters, time, and place (not too obviously fake), has some distance but also some connection to you, and certain details can make you empathize and resonate. At this point, they might say:
I know this is diff

Flattery is just the entry point; truly opening your heart and speaking honestly is the real way in.
For those who always want to establish a persona, appear noble, but are actually poor and sour (uh, speaking of Lao Deng), the most unbearable thing is that kind of concrete, heartfelt honesty.
At first, it’s not about praising you, but telling you a story.
This story involves specific characters, time, and place (not too obviously fake), has some distance but also some connection to you, and certain details can make you empathize and resonate. At this point, they might say:
I know this is diff