Good morning - but also… not really.
For the last two weeks I’ve been sending the same signal over and over: be careful, the time to sell might be close. I’m glad I pushed that message, and I’m glad I personally exited my BTC position earlier.
Watching the current crash doesn’t make me sad - it actually exposes the real value of your coins, of the community, of the entire industry. It strips away the hype. But it still doesn’t show the full potential, and that’s exactly why this moment matters.
This is the perfect opportunity to reboot everything - not only the blockchain ecosystem, but our mindset as well.
Let me repeat what I wrote in the previous newsletter:
“We lost decentralization and the core idea of crypto the moment institutional investors poured millions and billions into different coins.”
And yes, I will keep repeating this.
We don’t need institutions.
We don’t need big funds deciding the direction of Web3.
We don’t need corporate giants pretending to care about decentralization while buying their way into control.
If a project is truly Web3, then let it be powered by:
crypto fans
community believers
meme-coin degenerates
meme-stock rebels
artists, creators, misfits, builders
Not by venture capital looking for a quick exit.
But how do we ignore institutions?
How do we build without them?
Nobody really knows - yet.
But maybe this crash is the moment we finally try.
For the last two weeks I’ve been sending the same signal over and over: be careful, the time to sell might be close. I’m glad I pushed that message, and I’m glad I personally exited my BTC position earlier.
Watching the current crash doesn’t make me sad - it actually exposes the real value of your coins, of the community, of the entire industry. It strips away the hype. But it still doesn’t show the full potential, and that’s exactly why this moment matters.
This is the perfect opportunity to reboot everything - not only the blockchain ecosystem, but our mindset as well.
Let me repeat what I wrote in the previous newsletter:
“We lost decentralization and the core idea of crypto the moment institutional investors poured millions and billions into different coins.”
And yes, I will keep repeating this.
We don’t need institutions.
We don’t need big funds deciding the direction of Web3.
We don’t need corporate giants pretending to care about decentralization while buying their way into control.
If a project is truly Web3, then let it be powered by:
crypto fans
community believers
meme-coin degenerates
meme-stock rebels
artists, creators, misfits, builders
Not by venture capital looking for a quick exit.
But how do we ignore institutions?
How do we build without them?
Nobody really knows - yet.
But maybe this crash is the moment we finally try.