I'd better write something to replenish my faith.
BTC has reached 93,000, and it is estimated that it will consolidate below 100,000. Coinbase's stock price has finally broken through the issue price of 300U and reached 330U. The reason why I pay attention to Coinbase's stock is that it is the easiest way to reach the investment path of the crypto circle in the WEB2 world. Are you optimistic about crypto? It is troublesome to buy BTC or other cryptocurrencies, so it is better to buy Coinbase directly.
I entered the crypto industry a few years ago because I was bored and because of the anti-mainstream factors such as decentralization in the crypto industry. For the whole world, it is a process of entropy reduction. The pretentious word entropy has been very popular in recent years. In fact, my understanding is that entropy increase represents rule and stability, and entropy reduction represents resistance and division. The entire history of human development is a process of alternating entropy increase and entropy reduction, and each alternating node or upgrade stage is the opportunity for the emergence of new classes and wealth transfer.
Generally speaking, human religion, imperial power or dictatorship are the highest level of entropy increase, which is to brainwash the majority of people and make them dependent on others. The scientific and technological forces that promote the progress of human civilization are divided into entropy increase and entropy reduction. Entropy increase, such as the Industrial Revolution and current AI technology, are both industrial upgrades that can reduce the industry's dependence on humans. The Industrial Revolution replaced the small workshops of handicraftsmen with large-scale mechanized production, making it easier for bosses to manage workers, the exploiting class and the exploited class.
It is becoming more and more obvious. AI technology is even more extreme. Bosses may not even need people anymore. This is entropy increase to a higher level.
The crypto industry is a representative of entropy reduction, which means resistance, decentralization, and the existence of individuals and characteristics. This is the core motivation for me to continue in the circle. When entropy increases to the limit, entropy reduction will inevitably come, just like the tyranny of the Qin Dynasty, there will be a day when the rebellion will rise.
But I overlooked that even Crypto, as a representative of the entropy reduction industry, has gone through more than ten years. Many of the dragon-slaying boys have not only become evil dragons, but also established an evil dragon empire. Crypto is divided into entropy increase and entropy reduction, such as exchanges and large VCs. What they want is norms and order so that they can cut leeks on a larger scale. They are the representatives of the entropy increase in the industry; and the meme of this bull market is the representative of the entropy reduction. Fuck your institutions, we will play by ourselves, what's wrong with Ponzi? Ponzi is more attractive than you sickles.
Opportunities arise in the mutual transformation between entropy increase and entropy reduction, or in the upgrading of entropy increase and entropy reduction. If you cannot accurately identify the changes in detail, then just bet on the entire industry of Crypto. BTC and Coinbase are enough.