#Telegram创始人被捕 #新币挖矿TON



1. Will Telegram be affected?

We must first recognize the essence of this matter. The arrest was "because the platform involved illegal content" and was liquidated in the land of freedom of speech and political correctness. There must be a more complicated political game involved in this matter.

Durov may be the "spokesman" of Telegram, but his management functions are limited. In recent years, Telegram has encountered many regulatory crises, including the SEC's crackdown on Gram. The logic is that Telegram's management will inevitably "spin off" key management functions into different hands.

In this sense, if Telegram’s strategists had any brains at all, the loss of the company’s first public face would not have been the reason for its demise.

Currently, Hong Kong and US IDs can still be downloaded normally in the APP store, so don’t worry too much for now.

It is recommended that you log in to TG on multiple devices such as computers at the same time and make good security settings.

2. More than half of TON funds have been withdrawn. Can the ecosystem still be maintained?

This should be the most concerned issue in recent days. Due to the previous issue, I personally think that TG's own operations have not been greatly affected.

If TG is forced to liquidate, then Musk's X will be the second lamb. Obviously, this is unlikely to happen in the short term. Perhaps there will be a fine + imprisonment, and then a review mechanism like X will be introduced.

Although TON is deeply integrated with TG, such as wallet functions and Mini Apps platform, and their businesses are highly related, TON and TG are already two independent entities and their development is not affected.

Therefore, as long as TG does not collapse, the fundamental logic of $TON will still exist. It is just that the spread of panic sentiment in special nodes will affect short-term data performance. The biggest impact should be the listing of coins in the TON ecosystem.

In the early stage, Binance has successively launched several traffic projects in the TON ecosystem, basically covering the current stock.

At this special juncture, especially when Binance has just turned a corner from regulatory crisis, it may choose to take a break for a while, and will not carry out obvious activities or launch new projects so quickly in the future.

For popular currencies in the ecosystem, please refer to this picture by @monkeyjiang——

In addition, friends who want to buy TON at the bottom, please remember one thing: be careful when catching the falling knife.

3. The cryptocurrency world is still too dependent on the cult of personality

The lesson people learn from history is that they never learn any lessons.

As soon as the news came out, TON and NOT plummeted instantly, which reminded me of the week when FTX collapsed: the cryptocurrency circle is still too dependent on personality cult.

From SBF to Bitboy, they have all gained huge influence, not because of their extraordinary wisdom and talents, but because they are the symbols of a certain currency, symbolizing the life and vitality of a certain project or even an ecosystem.

They should live forever, stand on the altar and shout orders, accept the expectations and worship of thousands of people, and supervise the development of projects. But it turns out that people's excessive trust can easily lead to disastrous consequences.

Popular tokens are often pushed to the top by bigwigs, such as CZ of BNB, Musk of DOGE, and Leonidas of RuneDog. However, personality cult and centralization risks are often contradictory, just like the impossible triangle of blockchain that has no solution.

I can’t imagine that if Vitalik was slightly regulated for some reason, and there was no one else on the altar, would the entire L1+L2 collapse? If there were another series of liquidations, would the entire cryptocurrency industry regress ten years?

Therefore, the only truly decentralized project right now is #BTC. I increasingly feel that Satoshi Nakamoto’s hidden operation was a stroke of genius.

Maybe when he was designing the blockchain, he thought that his own existence was the biggest obstacle to decentralization!

Original text: https://x.com/BTW0205/status/1827979369622683960