crypto friends losing hope = bottom signal

i have some thoughts on this

hope was lost in crypto when memecoins became the wave in the face of VCs (even tho it's VCs pumping memes)

hope was further lost when it became clear majority of the industry will materially suck up to trump, not just slight support someone other than DNC. crypto is meant to be above politics. coinbase used us to show they can sway the vote where they want.

the nail in the coffin was celebs showing how easy it is to move the markets, further proving the crypto relies wholly on attention and it has nothing to do with the technology.

but things will continue to chug along, when macro recovers so will crypto

by then all the funds and their researchers will have decided what the next narrative is. whether it's something to do with AI or maybe we skip to quantum resistant blockchain idk