This makes me angry, and my frustration goes well beyond the person who posted this. It’s a complaint I see constantly across this space, while some of us are still here doing exactly the work people claim to miss. I’m trying to build useful things, and I’m far from the only one. The problem is what actually gets rewarded. Agree with the popular accounts, avoid upsetting anyone, recycle whatever narrative is pumping and optimise every post for engagement and your next X payout. There’s money in keeping people excited, even when you have nothing useful to say. Someone appears out of nowhere, gets pushed by a few KOLs and supoly control and suddenly has an audience ready to throw money at promises. Meanwhile, people maintaining working products have to fight for enough attention to get those products used. Impressions are a terrible measure of quality, and launch hype tells you fuck all about whether someone will still be working when the money slows down. I experience this myself. When I post what I’m building, show actual solutions and explain tools I’ve spent serious time developing, engagement drops and people unfollow. Then my feed fills up with complaints about scammers and questions about where the builders went. That disconnect is exhausting. People say they want substance, but their attention keeps making the same shallow bullshit profitable. Decide what you actually want this space to become. If you’re tired of the casino, start supporting people putting real care and effort into something useful. Try their products, judge the work and share it when it deserves attention. Useful products need users, feedback and revenue to survive. Nostalgia for builders from 2021 does absolutely nothing for the people paying the bills and doing the work today.

I’m so bored of my timeline. It’s either people crying that crypto is dead or calling the next bull run. I’ve rarely seen this little quality on my feed. Stop posting whatever gets likes. Start thinking for yourselves, create something worth sharing, or join people who are actually building.

The wallet drains involving @BloomTrading prove once again why the first rule should be to never hand your funds or private keys over to a trading platform. BloomTrading says it will reimburse affected users, but that doesn’t change the underlying risk. Anyone who has ever imported a private key into Bloom or a similar bot should treat those wallets as compromised, move any remaining funds to fresh wallets with a new seed phrase, and start trading on platforms where you sign every transaction yourself. And yes, my next advice is to never give AI agents control over your funds either. Never. Ever.

Happy Sunday, everyone. Hope you’re doing alright. My reach has fallen off a cliff, the charts look like shit, and CT is recycling the same tired takes with absolutely nothing new to say. I’m working on some huge updates and looking for deals, but right now I don’t have anything meaningful to post. I have to go to hospital tomorrow, so I might take it easy today and spend my energy on something that actually deserves it. You probably should too. I doubt there’s anything on this feed today worth giving up your Sunday for. Don’t let the LARPers and opportunists suck you in. Enjoy your Sunday.

I think FOMO and Pump absorb most of the users, especially the ones who are here almost every day. Everyone else comes and goes with the market. That makes it really hard for new apps of any kind to win users in a short time. World got hyped across the board by the entire Solana family, and a few weeks later it's almost dead. That shows 2 things: demand is saturated, and very few new users are coming in. To be fair, World is just another gambling product and maybe not the best example. But it captures the status quo here perfectly.

This 61-year-old guy and his company, Strategy, hold at least 866,249 BTC, roughly 4.31% of all Bitcoin currently in circulation. Good luck.

$ANSEM keeps bleeding despite some of the biggest and most influential degen accounts, especially the man collecting its fees, relentlessly shilling it as some kind of miracle. Ansem himself no longer seems particularly interested in talking about it or doing anything serious with it. All those promises of billion-dollar valuations have evaporated again, despite the shillers commanding some of the biggest audiences in the space this year. Meanwhile, Ansem has earned 3,484.1678 SOL in creator fees alone, currently valued at roughly $363,921. That figure doesn’t account for side wallets or anything his friends may have made. A comfortable side income for someone who has spent years shilling shitcoins. https://t.co/3kRJU0MTwa

So, what are we doing here? All has been said 1000 times already, and everyone now agrees, (months or years too late), that much of this space is fucked and that a handful of people who got in early and were already rich keep draining everyone else. What are you going to do about it? Are you finally going to care about substance and people actually delivering useful products or content again, and finally start following the people who did the hard work of exposing all of this before the bandwagon jumpers came along to rehash it. Or will you keep buying empty promises with nothing behind them? Why are so many people still shocked, and why do so many keep behaving exactly the same way?

The problem is that 99.9% of people seem to have lost interest in genuine projects that actually deliver utility, or even established memecoins that have survived multiple market cycles. There was a time when memecoins were part of the culture. They were fun, communities formed around them, and people genuinely believed they were participating in something bigger. There was humour, creativity, and a certain sense of hope. Not every token needed to solve a real-world problem, and that was perfectly fine. Today, much of that has been replaced by something far more depressing. The culture has become so obsessed with instant profits, manufactured hype, insider advantages, and chasing the next launch that people have almost completely lost the ability to recognise anything with lasting value. And I think that's one of the saddest developments in this industry.§ It`s reeeeeaaally sad. But at the forefront of this problem are the big voices in this app, constantly pushing projects, whether they're being paid or not, that are simply too new, too shallow, or too irrelevant to justify the attention they receive. I never give financial advice. I don't believe it's my place to tell anyone what to buy, and I certainly don't have a crystal ball. Anyone pretending to know exactly where a token will trade tomorrow is either fooling themselves or trying to sell you something. But when friends or relatives ask me what they should look for, I always tell them two things: "How long has the project been around, and has the team consistently shown up and delivered?" Not how many followers it has. Not how impressive its marketing looks. Not which influencers are promoting it. Not how much money it raised or how loudly its community screams about the next 100x. Almost all of that can be bought, manipulated, or manufactured. What you cannot simply buy is years of consistent work, a verifiable track record, and the ability to survive periods when nobody is paying attention. You cannot fake years of actually building something useful by launching a website and paying a few large accounts to promote it. That doesn't mean an older project is automatically a good investment. But it tells you something that a freshly launched token with a million-dollar marketing campaign simply cannot demonstrate. And sometimes these projects spend months or years being overlooked before people finally recognise what has been built. When the product, timing, and attention eventually come together, things can change remarkably quickly. The tragedy is that we've created a culture where people would rather gamble on something launched 15 minutes ago than spend 15 minutes understanding a project that has been building for three years. We used to talk about communities, decentralisation, ownership, and building something that could last. Now everyone wants to be early, but almost nobody wants to be patient. People haven't necessarily stopped looking for opportunities. They've just become so conditioned to chase immediate excitement that they've forgotten how to recognise genuine progress.

Once again, hundreds, thousands of likes for something promising quick, easy money. The fantasy of getting rich easily from memecoins is being repackaged into the fantasy that AI and copy trading will do it for you. Apparently understanding what you’re buying is optional once a chatbot approves it. AI can help analyse information, but a convincing explanation for a trade is hardly evidence that it will make money. A profitable wallet can have unprofitable followers. They enter later, get different prices and pay their own execution costs. An impressive win rate also means very little without the size of the losses, and ranking yesterday’s winners doesn’t establish tomorrow’s edge. Adding an AI layer doesn’t remove any of those problems. What bothers me is how conveniently this dream aligns with the business model. Platforms collect trading fees, and referral promoters can earn commissions whether the referred trader wins or loses. Their incentive is activity; your objective is profit. Those interests can diverge completely. Now retail gets to pay an AI to help it lose money copying someone else’s memecoin trades, with an API bill on top of the trading costs. Apparently getting farmed manually wasn’t expensive enough.