[Circle CEO: It is narrow-minded to identify "blockchain" as a "cryptocurrency" technology] Golden Finance reported that Circle co-founder and CEO Jeremy Allaire published an article on the X platform to explain why he is more optimistic about cryptocurrency than ever before. "Public blockchain infrastructure has developed to the third generation, providing a global-scale network computer that can handle large-scale applications with trusted data, transactions, and calculations." The way most "important people" (such as mainstream media, policymakers, and heads of large financial institutions) filter the concept of "blockchain" is usually ultra-narrow-it is a "cryptocurrency" technology, "mostly bad and useless", and even as a technology, it has never been proven to be useful for anything other than building online casinos and spreading scams. Blockchain networks are new Internet operating systems; most of these networks provide a way to store data, conduct transactions on data, and execute code that can execute these transactions. They are special because they can do this and ensure that data and code are tamper-proof, indisputable, publicly verifiable, etc. Most importantly, these networks are designed to be decentralized, providing society with an undisturbed, direct and effective surface for participation and transactions, regardless of individuals, entities or locations. This super powerful stuff is applicable to a wide variety of applications. It is super fundamental anyway and has been the goal (of most exercises in this space) for the past 10+ years. The first generation was Bitcoin and related forks, the second generation was Ethereum and related/similar attempts in the 2015-2020 era, and the third generation includes Ethereum 2.0, Solana, Layer 2 and scalable EVM chains (Avax, Near, etc.) new platforms like Aptos, Sui, Monad, etc. From a technologist's perspective, it is pretty incredible to see the evolution of the infrastructure, including tooling, security, scalability, and many other aspects. It's like moving from WAP 1.0 to iOS, or from HTML 1.0 to HTML 5.0. We can measure these improvements in terms of transactions, applications, nodes, active developers, speed, fees, and many other metrics.All of these things are improving at an accelerating rate. Just apply Moore's Law, Metcalfe's Law, and so on, and you can get a sense of what it's going to be like three, five, seven, ten years from now.