2026-01-19 12:32:21

If we only look at the crypto industry as a trading market, then a risk event involving a key figure can indeed shake the entire ecosystem. But from a different perspective, if we understand Web3 as a multi-dimensional industry ecosystem—including protocol innovation, application development, community governance, and infrastructure construction—the situation is completely different.

Many people's judgments are often based on a trader's perspective, which is not wrong, but viewing the crypto industry this way is too one-sided. A mature industry will not collapse because of a single participant unless the entire industry itself is built on speculation. We need to ask ourselves: what exactly is the crypto industry? Is it a trading tool or technological innovation? The answer determines its vulnerability.

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WalletDivorcer

· 6h ago

Basically, the crypto world still hasn't figured out what it is. On one hand, they shout about technological innovation, and on the other, they kneel and lick the big players' trends.

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GasGrillMaster

· 6h ago

That's correct, but those who are still talking about this theory are either too optimistic or haven't experienced enough crashes. --- Protocol innovation and infrastructure sound good, but the real issue is that most people come in just to make quick money. Let's not hide it. --- So the key is whether there are real users using it, not how beautiful the white paper is written. --- The statement is correct, but mature industries don't keep experiencing these kinds of unexpected incidents... --- It's good to ask yourself this question, but the answer has been obvious all along, hasn't it? --- It sounds nice, but when a true collapse happens, no one can run away. Technological innovation can't save anyone.

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BackrowObserver