Facing the joy of violence caused by Trump's presidency, how can you find your own strengths in the turmoil?

By: blockbeats|2025/01/21 15:15:02
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Original Title: The Violent Delight
Original Author: DoveyWan, Founder of PrimitiveCrypto
Original Translation: zhouzhou, BlockBeats

Editor's Note: This article explores the impact of financial populism on politics, likening it to a binary black hole system that showcases society's distortion and chaos. By using cryptocurrency traders as an example, it emphasizes that success stems from continuous effort and self-awareness. It points out that technological and social changes are driving the formation of a new order, and future leaders will be innovators who can transcend East-West boundaries, navigate global thinking, and play the game of populism.

The following is the original content (slightly rearranged for better readability):

Over the past 24 hours, we have witnessed two historic moments. TikTok has become collateral damage in the ongoing US-China new Cold War, and the US President has launched his own meme coin, a currency once considered a fringe domain and a breeding ground for scams.

This is a microcosm of geopolitical tension coinciding with financial populism on the same day. I am confident about the future of our industry, believing it is the most sovereign and globally permissionless experimental field, but I want to remind everyone to remain cautious at this stage of the cycle, as many signs of violent delight echo the violent ends of the past cycle.

Politicized Financial Populism

What we have seen, apart from TRUMP's violent delight, is in the East, the USDT to RMB (onshore RMB) exchange rate reaching a historic high premium, reflecting the mainland's strong demand for off-exchange trading. This is also the first time in this cycle that a large number of Chinese retail investors have experienced FOMO, more so than in previous hype cycles such as Bitcoin, NFTs, and Ordinal.

In the previous cycle, Defi and Gamefi attracted global liquidity, while NFTs were more based on Western liquidity, followed by Eastern liquidity; in this cycle, on-chain meme coins were initially issued mainly on Base and Solana, assets dominated by US retail, but with TRUMP's emergence, global liquidity is starting to converge.

Facing the joy of violence caused by Trump's presidency, how can you find your own strengths in the turmoil?

Local P2P Off-Exchange Trading USDT/CNY Price

In the West: The Moonshot was overshadowed by a massive influx of users into Solana, reaching the top of the app charts, a pattern reminiscent of the previous cycle when Moonpay saw a large amount of USD fiat deposits flowing directly into OpenSea through ETH's gateway.

Coinbase's withdrawal from SOL caused significant delays, as I had earlier anticipated, centralized exchanges will act as the on-chain economy's ATMs in the long run. Meanwhile, similar to the DeFi explosion and NFT frenzy in the previous cycle accelerating ETH's scaling solutions, the Phantom wallet experienced a surge of over 8,000,000 requests per minute, catching a wallet infrastructure with a market cap of 3 billion off guard.

We are undeniably in a bull market, but only a few altcoins have reached new all-time highs, which signals industry maturity and reflects a soft upstream market, as I pointed out last year. The new Trump era will undoubtedly create opportunities, but when the market overly relies on the manipulation of a few leaders, sustainability will be at risk.

The Distorted Starry Sky Behind the Binary Black Hole System

When financial populism becomes politicized, it's like a binary 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, we are also witnessing the unstable distortion of this world. Societal discontent is on the rise, tensions are palpable, and entropy has reached historic highs. History has shown that the pleasure of violence often ends in a violent conclusion, but this time, we have the opportunity to consciously choose an alternative monetary orbit/resource allocation path that may offer a more peaceful solution.

Missed Opportunity for 100x Gains

In my 10 years in this industry, I have never experienced "overnight riches." I missed countless opportunities for 100x gains, but that's okay. The temptation of quick, significant returns is undeniable, but sustainable success comes from self-awareness and understanding the rules of your own game.

In the long run, the market will provide the next 100x opportunity that plays to your strengths as long as you keep accumulating. This is also the advice I gave when facing ManoppoMarco's first 100x missed opportunity as a crypto investor.

If your natural advantage lies in being a meme coin PvP player or a nimble-reacting momentum trader, embrace it and continually hone your edge. Take 0xWangarian Darryl and his Pigeon account, for example. While some may see him as a "trust fund virtual role-player" who is just "dumping on others," those who understand his background and track record know that he has a strong passion for systematic trade execution and market analysis, much like any focused underground trader.

For those who have turned meme coins into "easy six-figure" victories, we should not overlook the immense effort they have put in. Countless sleepless nights on-chain, continuous reconnaissance, and unwavering dedication to their craft are the true driving forces behind these life-altering outcomes.

I hold deep respect for these trench warriors. Crypto remains the last frontier where with just a computer, unyielding perseverance, and profound insight, anyone can achieve financial transformation. It is an achievement-oriented battlefield where effort and skill can still rewrite an individual's growth trajectory.

But if this is not your forte, chasing the thrill of violence may be a game of self-destruction. Wealth does not come "easy," unless it aligns with your strengths. Understanding who you are, what game you're playing, which trench you belong to is the foundation of personal growth. The market has its rhythm, but success comes from finding your own tune and confidently dancing to it.

No Violence Endings

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

· Binary code evolving into currency code

· Machine programs reshaping social contracts

· Human language turning into programming languages

Behind every major socio-economic transformation lies the "harvest of entropy"—creating new orders, often in the form of new value chains, fundamentally changing human coordination (be it economic or political).

The Industrial Revolution redefined social contracts through mechanized procedures; the rise of the internet and cryptography-secured private property (i.e., native internet money) transformed binary code into currency code. Today, we are entering an era where human language itself becomes the programming language, empowering individuals to not only become "10x humans" but even "100x humans."

The future has already begun to emerge, although its distribution is not uniform. Those who dare to step onto the left side of the hype curve, able to integrate a globalized mindset from both the East and the West, participate in a supranational populist game, they will rise to become the protagonists of that era, defining their own legendary chapter.

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