
Colin Wu|Mar 15, 2025 00:59
There seems to be a characteristic in the cryptocurrency industry
It is very difficult to make a good product, requiring a combination of knowledge, security and compliance risks, a small number of users, low dependence, and no application scenarios except for trading and finance
Sending a coin is very easy, without permission or regulation. Celebrities can earn hundreds of millions in just a few hours of issuing coins, and even the founder of the Binance project can earn hundreds of millions
The extreme contrast result is that issuing coins is becoming less and less valuable, while good products are becoming more and more valuable, which can be considered a positive regression of this cycle
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