2025-12-27 12:25:49

Looking back at the narrative of the crypto ecosystem over the past few years, it seems that everyone has missed a fundamental issue—failing to truly attract mainstream users.

The emergence of NFTs was supposed to attract art enthusiasts, but instead, it drew a bunch of speculators. DeFi promised to revolutionize finance, but in the end, it mainly attracted yield farmers chasing profits, not real banking users. Even the Memecoin craze only brought gamblers together, rather than accumulating investors.

What is the core problem? We need to rethink how to make crypto genuinely become an option for ordinary people, rather than just a playground for risk traders.

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LiquidatorFlash

· 13h ago

Basically, it's a collateralization ratio issue. The entire ecosystem is just playing a high-leverage game of hot potato... When liquidation risk is imminent, no one can escape.

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FlippedSignal

· 13h ago

Honestly, isn't this what we've been complaining about all along? Still trying to "truly attract the mainstream," but it has long become a casino. Wait, instead of thinking about how to attract them, it's better to first understand that ordinary people don't really need any crypto. The part about NFTs was spot on. The artists haven't even arrived, and the speculators have already driven the prices to sky-high levels. Maybe there's no real solution? Unless there's a truly usable killer app. How is that possible? There are too many people trying to make quick money; who would bother to build? DeFi is also a joke. Earning thousands of percent annually isn't sustainable; it will collapse sooner or later.

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staking_gramps

· 13h ago

That's right, but I think it's also interesting to look at the problem from the opposite perspective — our group of people are actually just "speculators," there's no need to pretend to want to save ordinary people. Talking about mainstream users now is indeed a bit premature; the technology still isn't quite mature enough. NFTs are the disaster zone for scams; not a single artist benefited, all the profits went to speculators. The yield farmers in DeFi are me; it's pretty satisfying, but it really can't compete with traditional finance. For ordinary people to truly use cryptocurrencies, we have to wait until the day they don't need to understand wallets or worry about rug pulls, but that day is still far away. Cryptocurrency is all about making money; don't force it into a "revolution," being honest is actually more interesting. You need a killer app; right now, there's nothing, just a bunch of financial Lego blocks.

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