A while ago, @CZ came out, and the community immediately deified him: the hero returns, the spirit of crypto leader, the king returns.
What about now? The timeline has changed again, and some people are starting to say he is the villain, even comparing him to SBF.
Haseeb from Dragonfly couldn't stand it anymore: this turnaround is too fast.
@undefined said it very straightforwardly: both of these statements are ridiculous.
The reason is actually very simple.
At that time when he came out, the entire industry was hit hard by regulation, and since he was 'not a scammer, and there were no victims,' everyone naturally stood by him.
Regulation has loosened a bit now, but BTC hasn't hit new highs, the market isn't making money, and there's no outlet for the emotions, so people can only find someone to blame.
So what you see is not 'awakening to the truth,' but—
Did not make money → Started to curse.
This is the most real side of the crypto world: when prices rise, you are the savior; when they fall, you are the culprit. The candlestick chart determines the persona, and profit and loss determine the stance.
CZ has not changed, what has changed is the account balance.
Many people talk about value, faith, and responsibility, but in reality, they only have one question in their hearts: Did I lose money?
CZ said in the end, no matter how the outside world evaluates, they will continue to push things forward.
On the market side, those who should compete continue to compete, and those who should observe continue to observe—emotions come and go, but the market is the true scriptwriter.
