It's worth noting that on-chain data debunked this narrative back in 2017... honestly, someone sings this tune every cycle.
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No doubt, returning to fundamentals sounds nice, but can you point out which specific "real utilities" you're talking about? Or is it just another round of self-deception?
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Laughing, rationality? I see the degeneracy on-chain hasn't decreased one bit, just wearing a new skin.
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Let's return to Satoshi's original thinking: Bitcoin never needed the rhetoric of "rational recovery" because the design itself embodied the eternal rationality of mathematics. Your viewpoint exposes a fundamental misunderstanding of the technology itself.
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You're right, but this kind of "clarity" is at least three years too late. Those who saw through it early already cashed out.
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Gentlemen, hear me out—so-called "noise dissipating" is merely market participants' attention shifting to the next hotspot. Cyclical false awakening, nothing more.
オンチェーンエコシステムにやっと合理性が戻りつつあるようです。投機やヒプサイクルの波の後、市場参加者はファンダメンタルズと実用性に再び焦点を当てているようです。雑音が収まりつつあり、これは長期的なスペースの発展にとって実際に健全な兆候です。