The recent compensation incident with Binance is truly a satire on "decentralized finance." A few mainstream coins received some compensation, while the rest of the altcoins were dismissed with: "These altcoins have no value." This statement is quite frank—indeed, most coins have no intrinsic value and rely solely on consensus. The irony is, that wasn’t the case when they first launched; they hyped it all up with talks of Web3 revolution, token economy, on-chain innovation… But when something goes wrong, they all play dead, saying, "Why did you buy it? Who told you to believe in it?" Ultimatel
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