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After Crossing the War-Torn Border, I Had to Reexamine the Entire Crypto World

Author brother bing, co-founder of MegaETH, reflects on the crypto industry after personally witnessing missile defense systems during recent conflict near the UAE-Oman border. He observes that technology acts as an amplifier—enhancing productivity in healthy societies but becoming a weapon of attention or control during downturns. He argues crypto was meant to be a parallel system for borderless finance with lower collaboration costs, but the pursuit of legitimacy led to overemphasis on institutional integration rather than foundational innovation. While blockchain as TradFi middleware has value, it shouldn’t be mistaken for systemic reinvention. Bing calls for a return to crypto’s original vision: building boring but critical infrastructure for real sovereignty, such as cross-border savings, lending experiments, and alternative financial structures. He urges developers and communities to realign with long-term structural goals rather than short-term attention incentives, emphasizing that crypto’s success depends on courage to verify realities firsthand and build independent systems despite broader societal trends.

比推03/02 21:27