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Yang Haipo's article and the recent interview with Cobie are both worth a read.
Yang Haipo is not so optimistic about the future of the crypto world, saying that Bitcoin is a purely consensus asset, and its ultimate fate is a significant collapse.
The crypto industry is a zero-sum system with extremely high costs but no real income.
The entire system consumes about $35-50 billion annually, and during prosperous periods, it could be even higher—mining, exchange operations.