On June 19, BloombergTV's well-known host and economist Joe Weisenthal wrote on the X platform that crypto culture has changed dramatically in the past 5-6 years. Now we no longer hear former idealists discussing blockchain democracy, universal basic income (UBI) and open Internet, but all talk about finance and meme coins. In response, Vitalik Buterin said that many idealistic open Internet projects have actually made important progress, such as Farcaster, Lens, quadratic and retroactive financing, Zupass, privacy-preserving ETH sending methods, ZK voting implementation, etc.