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Facing the joy of violence caused by Trump’s coming to power, how to find your own advantages in the turmoil?

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Reprinted from chaincatcher

01/21/2025·3M

Original title: The Violent Delight
Author: DoveyWan, founder of primitivecrypto
Compiled by: zhouzhou, BlockBeats

Editor 's note: This article explores the impact of the politicization of financial populism, comparing it to a double black hole system, showing the distortion and chaos of society. By taking crypto traders as an example, it is emphasized that success comes from continuous efforts and self-awareness. Pointing out that technological and social changes are driving the formation of a new order, future leaders will be innovators who can transcend the boundaries between East and West and play the game of global thinking and populism.

The following is the original content (the original content has been edited for ease of reading and understanding):

In the past 24 hours, we have witnessed two historic moments. TikTok has become collateral damage in the ongoing new cold war between the U.S. and China, while the U.S. president launches his own meme currency in what was once considered a fringe space and a breeding ground for scams.

It’s the epitome of geopolitical tensions and financial populism coincidentally colliding on the same day. I am confident in the future of our industry as the most meta-sovereign and globally permissionless area of ​​experimentation, but I would like to caution everyone to be cautious at this stage of the cycle as there are many signs of violent pleasure echoing past cycles The occurrence of violent endings.

Politicized financial populism

What we have seen, in addition to the violent pleasure of TRUMP, is that in the East, the exchange rate of USDT to the yuan (onshore yuan) has reached an all-time high premium, reflecting the mainland's strong demand for OTC transactions. This is also the first time in this cycle that a large number of Chinese retail investors have FOMO, which is more than previous speculations such as Bitcoin, NFT, Ordinal, etc.

In the last cycle, Defi and Gamefi attracted global liquidity, while NFT was more Western liquidity, followed by Eastern liquidity; in this cycle, on-chain meme coins were initially mainly issued on Base and Solana. It is an asset mainly focused on US retail, but with the emergence of TRUMP, global liquidity began to converge.

Local P2P OTC USDT/CNY price

In the West: Moonshot was overwhelmed by the influx of users to Solana, climbing to the top of the app rankings, a pattern reminiscent of the last cycle, when Moonpay saw a large number of USD fiat deposits flowing directly into OpenSea through the ETH portal.

Coinbase's withdrawal from SOL caused significant delays in withdrawals, as I had predicted earlier, with centralized exchanges acting as ATMs for the on-chain economy in the long term. At the same time, similar to the DeFi explosion and NFT craze in the last cycle that accelerated ETH expansion solutions, the Phantom wallet experienced a surge of more than 8,000,000 requests per minute. A wallet infrastructure with a market value of 3 billion failed to foresee this surge.

We are undeniably in a bull market, but only a handful of altcoins have reached new all-time highs, which is both a sign of industry maturity and a sign of weakness in the upstream market, as I noted last year. The new Trump administration will undoubtedly create opportunities, but when markets become overly reliant on the manipulation of a few leading figures, sustainability will be at risk.

The twisted starry sky behind the dual black hole system

When financial populism is politicized, it acts like a double black hole system—two massive sources of gravity interacting in a dance of powerful forces. Just as this cosmic phenomenon distorts the surrounding starry sky through extreme gravitational lensing, even pulling spacetime itself into chaos, so too are we witnessing an unsettling distortion of our world. Social discontent is surging, tensions are palpable, and entropy is at an all-time high. History has proven that the pleasures of violence often end in violence, but this time, we have the opportunity to consciously choose an alternative monetary trajectory/resource allocation path that may provide a more peaceful solution.

Missed 100 times opportunity

In the 10 years I have been in this industry, I have never experienced a "get rich overnight" experience. I have missed countless 100x opportunities, but that's okay. The lure of quick, large returns is undeniable, but sustainable. Success comes from self-awareness and knowing the rules of your own game.

In the long run, the market will provide the next 100-fold opportunity to cater to your advantages, as long as you continue to accumulate. This is also the advice I gave when faced with ManoppoMarco’s first 100x miss as a crypto investor.

If your natural strength is as a meme coin PvP player or a momentum trader with quick reflexes, embrace it and keep refining your strengths. Take 0xWangarian Darryl and his Pigeon account as an example. Although some people regard him as a "rich second-generation virtual role player" and believe that he is just "selling others", those who understand his background and track record know that he has a strong understanding of systematic transaction execution and market analysis. Big passion, like any dedicated underground trader.

For those trench warriors who turn meme coins into "easy eight-figure" wins, we shouldn't overlook the sheer amount of hard work behind them. Countless sleepless nights on the chain, constant scouting, and unwavering dedication to one’s craft are the true driving force behind these life-changing results.

I have a deep respect for these trench warriors. Crypto remains the last realm where anyone can achieve financial transformation with just a computer, grit, and deep insight. It is a merit-oriented battlefield, where hard work and skills can still rewrite an individual's growth trajectory.

But if that’s not your strength, chasing the pleasure of violence can be a self-destructive game. Wealth doesn't come "easy" unless it matches your strengths. Understanding who you are, what game you play, and where you belong is the foundation of personal growth. The market has its rhythm, but success comes from finding your own rhythm and dancing to it with confidence.

Not ending in violence

From the “pen is mightier than the sword” in the 19th century to “software is eating the world” in the early 21st century, we are now at the intersection of transformative trends:

·Binary code evolves into currency code

·Machine programs reshape the social contract

·Human language becomes programming language

Behind every major social and economic change is the "harvest of entropy" -the creation of a new order, usually in the form of a new value supply chain, that fundamentally changes the way humans coordinate (whether economic or political).

The Industrial Revolution redefined the social contract through mechanized procedures; the rise of the Internet and cryptographically protected private property (i.e., native Internet currency) transformed binary code into monetary code. Today, we are entering an era where human language itself is the programming language, empowering individuals to become not just “10x human” but even “100x human.”

The future is already beginning to appear, although it is not evenly distributed. Those who dare to step on the left side of the hype curve, who are able to integrate the global thinking of the East and the West and participate in the populist game of supra-sovereignty, will emerge as the protagonists of that era and define their own legendary chapter.

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