The blockchain industry needs to reflect: value creation should take precedence over the pursuit of short-term interests.

The wisdom of the youth determines the wisdom of the nation; the wealth of the youth determines the wealth of the nation; the strength of the youth determines the strength of the nation. If the youth are independent, then the nation is independent; if the youth are free, then the nation is free; if the youth make progress, then the nation makes progress. If the youth surpass Europe, then the nation surpasses Europe; if the youth dominate the earth, then the nation dominates the earth.

This passage is from Liang Qichao's "On the Youth of China" written in 1900, reflecting on the aftermath of the failed Hundred Days' Reform. Liang Qichao placed the hope of China's prosperity on the youth, believing that how young people view the world, how they act, and how they judge things would determine the future of the nation.

For a long time, we seem to have neglected the examination of our own spirit. The country is developing rapidly, opportunities are everywhere, and people are busy chasing money, viewing making money as the primary goal, leaving little time for reflection. The standard for judging the value of things often becomes "Can it make money?" and "What benefits can I get?" People are accustomed to dividing the world into "rich" and "poor." The richness of the spiritual level has gradually become niche, regarded as "pretentious," "not fitting in," and "out of touch with reality." Even writing such an article makes people feel lacking in confidence and courage. Perhaps, most of the time, we are all trying hard to fit into the mainstream, attempting to "stay grounded."

In the blockchain industry, especially in the field of cryptocurrency, the situation is even more severe. The speed of development here is astonishing, and "a day is like a thousand miles" is quite fitting. In this field, people seem to have no time to think, and the only pursuit is "making money." "Can it make money" has become the only standard for measuring everything. Many people resign from their jobs to speculate on coins, many are eager to join blockchain companies, and some even quit their jobs to issue their own tokens. The root of all this lies in the wealth creation effect of the cryptocurrency market, with returns often reaching dozens, hundreds, or even thousands of times. However, is this really reliable? What impact will such an environment have on young people who are forming their values and methodologies? Young people are easily tempted by money, especially when wealth seems to be within reach. Some industry moguls have even summarized a methodology for acquiring wealth, teaching how to "cut leeks" and collect "IQ taxes," while those being cut continue to blindly worship. Nowadays, concepts like "community," "social group," and "IP" in the cryptocurrency circle have deviated from their original meanings, and have basically turned into tools for cultivating leeks, attracting new users, or repeatedly cutting old leeks, with some people enjoying this endlessly.

In fact, some of the viewpoints raised by certain individuals are not without merit. Building a personal IP and having one's own technical team is indeed a typical internet operation strategy. Since the rise of cryptocurrency, many people have become enamored with managing communities and creating personal IPs, which explains why there has been a sudden surge of media outlets and public accounts. The book "The Crowd" is particularly apt in describing the current state of the cryptocurrency circle, as it discusses how groups make decisions in a state of unconsciousness. The community within the cryptocurrency circle is a typical example of a "crowd," where decisions are often swayed by a few big players in a state of collective unconsciousness. As a result, subsequent proxy voting and capital acquisition behaviors naturally occur. Is such a community really valuable? Some may argue that they will not end up being the last ones holding the bag. But can you guarantee that it won't happen every time? Even those big players cannot guarantee that, which explains why their disputes have been so intense recently.

Therefore, we need to reflect: do the things we do bring value and progress to society and the industry? We should guide young people to create value and promote progress, rather than making making money the only standard and thinking that those who don't make money are fools. When facing any blockchain project, we should first ask: what value does this project bring? Speculation needs hot topics, like artificial intelligence, but speculation doesn't necessarily require actual value. So, when seeing hot projects, everyone should not be impulsive; instead, think about what actual value this project has besides speculation and hype. Don't just focus on the team, advisors, stock market performance, or popularity, but rather pay attention to the project's actual impact.

Our development has been rapid enough, and there is no need to accelerate further. We should slow down, work hard to overcome technical challenges, and strive to dominate the open-source public chain field. We should slow down, focus on building an ecosystem, enabling the blockchain to empower the real economy instead of consuming resources. We should slow down and help the younger generation form the right values, so that both the blockchain industry and the country can have a bright future.

Not everyone is suitable to be a teacher, create an IP, operate a community, trade cryptocurrencies, invest, or write articles. Find your own positioning, work diligently, and you will eventually reap the rewards.