When evaluating on-chain projects, I start by asking: Where is the money coming from? Rewards, fee income, and price appreciation are three distinct revenue streams. To determine whether a project is worth tracking, break it down clearly: ① Who is paying? ② Where is the money going? ③ What demand remains once rewards stop? No matter how big the narrative, it must always return to these three questions.
Bitcoin Maxi |Billy 马 ⛽️🔥🧀Share
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