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a lot of people are talking about how this cycle is different
how we’re seeing these little meta bubbles emerge that span no more than six weeks before crashing down
how we used to at least take the stairs up before free falling in the elevator
now it’s almost always an elevator round trip, but why?
the obvious reason is pre-inaugural uncertainty & volatility, but this is too easy of a cop out for me
to me, this feels more like normal industry progression; like the industry is maturing
except, just like everything else in crypto, this means the opposite
not only does it mean that the novelty is gone, but more importantly, that the belief is too
the multicyle folks simply no longer care: not about the big picture, not about changing the world—a truth too few & far inbetween
they’ve read this story before, in fact, many times over & they know that the hero always dies in the end
so they are no longer here for the tech & they are no longer here for a long time
they are only here to make it 8 replies
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