People do not share the same joys and sorrows.

In addition to not taking over each other's business, everyone also ignores each other's market hotspots.

For example, today, everyone is only concerned about the soaring of NOT and the return of RoarKitty, which has led to a surge in GME-related memes, but they have forgotten that today is still an important day for the industry's annual Consensus conference.

Since 2015, the Consensus Conference hosted by CoinDesk has become one of the most important annual gatherings in the global blockchain and cryptocurrency field. At that time, it was once a weathervane of technological innovation and a barometer of investment and regulatory trends.

The annual conference generally brings together the world's crypto industry elites to discuss and shape the future direction of technology and the market.

Often at this time every year, there will be reports about new ideas or topics released at the conference.

But this year, it seems that no one can reach a consensus at the Consensus Conference.

Regardless of whether the market is bullish or bearish, one phenomenon that is easily observed is that few people discuss in the meeting.

Looking through the intensive bombardment of news flashes from various media outlets every minute, you can't even see any information about the consensus conference; it is obvious that the information push mechanism has already screened out "which information is unimportant".

Yes, the market is more important. You open yours, I trade mine.

The conference itself was not popular, and there were a lot of memes skyrocketing in the market. This bull market was more like a localized fund movement and PVP. The industry pie did not grow, there were no more retail investors entering, and Google Trends search popularity remained stable at a low level...

Meme Mountain is crowded

In contrast to the lack of consensus at the consensus conference, of course, meme hype is flying all over the place.

NOT is far ahead of the rest, but in fact NOT itself is not a "value coin" in the classical narrative. To some extent, you can still classify it as a more Meme-like type; and the latest data shows that NOT's 24-hour total network transaction volume exceeds 4.6 billion US dollars, second only to BTC and ETH.

Except for NOT, different Memes are like different mountains formed by the impact of attention, and the foot of the mountains are crowded.

Whether it is a political election or a celebrity issuing a coin, it is nothing more than looking for an excuse to hype up attention, and the related new coins will soar; and even old coins may be revived because of a tweet from RoarKitty announcing her return, and it is not uncommon for them to double in a few hours.

Everyone at the foot of different Meme mountains was eager to get on the bus, and no one thought they were standing at the top of the mountain.

If a celebrity buys a certain coin, it is a good thing; if a celebrity issues a certain coin, it is a bad omen.

All consensus is related to how attention is played, who brings the goods, what goods are brought, when to buy... all of this has nothing to do with technology. Making money is the best consensus mechanism

For today's crypto market, making money is the best consensus protocol. We should focus on where we can make money.

It is too tiring to work on technology and do practical things, and it is not cost-effective. If you can make money today, then do today's work. This has probably become an unspoken but unspoken consensus among industry players.

The consensus on crypto assets used to be Bitcoin gold and Litecoin silver; then it became Bitcoin gold and Ethereum silver, and now there are even some debates and challengers over whether Ethereum is silver.

There is no fixed position under the gold medal, different sectors and hot spots are vying for attention.

Reaching a consensus often requires a price. I hope that everyone is not the one who pays the price, but the one who holds the profit.

Later, I will bring you analysis of leading projects in other tracks. If you are interested, you can click to follow. I will also organize some cutting-edge consulting and project reviews from time to time. Welcome all like-minded people in the cryptocurrency circle to explore together. If you have any questions, you can comment and ask questions