@jackmallers Someone running a centralized custodial KYC'd app should have a little humility when talking about the platform that literally invented and popularized permissionless decentralized finance.
Crypto is but a mirror into which every observer peers…
Some see financial rebellion
Some see earnest opportunity
Some see a technological frontier
Some see easy profits
Some see suckers
Some see dystopia
Some see a good joke and laugh
Some see a bad one and cry
Some see anarchy and love it
Some see anarchy and hate it
Just remember it’s a mirror, and know that it will draw you inward toward whatever vision rests inside.
Don't fret, brother.
Crypto is, and has always been, 99% nonsense grifty garbage/scams/jokes, and 1% fundamental global financial system revolution.
But this 99/1 is based just on quantity of projects.
Considered by market cap, it's more like 75% quality, 25% nonsense. Bitcoin is good. Ethereum is good. Stablecoins are good. Several dozen defi projects are good. Wildly cool technology permeates through all of it, and sound economics underpins its long term growth, though the short term feels often like an appallingly irrational market.
How to cope with this dichotomy?
Embrace the degen frontier and have fun, and recognize that amidst it all, a decentralized financial system is real, is important, and is working. None of it is forced on anyone, after all.
We are building and we are attracting the world toward us... and much of the world simply wants to gamble and have fun. This is okay, and actually provides capital for the important work happening behind the casino.
It is, actually, working.
We are realizing the wildest dreams of those who are into it for all the right reasons, despite the accompanying fantasies of those who aren't.
Just keep building, and build well.