I'm going to say something that's true in crypto that i wish wasn't the case, and have been slow to admit

Narrative market fit is more important than product market fit

Maybe it won't be that way forever but it's been true for as long as i've been here

I’d say that’s true for a lot of markets/industries.

For crypto, it’s a particular problem though, at least if you really believe in getting the ‘next billion users’ on chain and - more importantly - keep them there long term. Hype cycles don’t create sustainable engagement.