"10·11" Revelation: The Evolutionary Logic of Crypto Ecological Paradigms and Digital Civilizational Order

Author: EcoFi m\&W Initiator Jerry
The cryptocurrency market has once again turned bloody. This is not the first time, nor will it be the last------if the crypto ecological paradigm cannot complete its iteration, such events will continue to occur.
Attributing the cause to market behavior triggered by Trump's tariffs is not rigorous, as the feedback from traditional financial capital markets and the $19.3 billion liquidation caused by the crypto market crash are of different magnitudes------the cryptocurrency market has triggered the largest liquidation in history.
The root cause lies in the zero-sum game nature of speculation in the crypto space------manipulating oracle based on computing power only requires precise timing. Just as humanity has not learned from historical lessons over the long course of history, the crypto space has failed to learn from the painful experiences that have occurred in the past.
This is a wake-up call------we hope that blockchain/web3 can help establish order in the AI computing power network, yet we cannot even protect our own order.
Since the summer of DeFi in 2020, the crypto ecosystem has seen several new narratives, but it has been proven that the construction of the crypto ecosystem is stagnant------if tracks like DEX and DePin achieve significant development, a long-term solution for the crypto trading ecosystem based on decentralized oracle networks can be established.
We chose this historic bloodbath in the crypto space as an opportunity to write this article, hoping to find consensus in the crypto ecosystem------how to promote the evolution of the crypto ecological paradigm to support blockchain/web3 in helping establish order in the AI computing power network.

1. The crypto space must evolve from a zero-sum game to capital allocation that empowers real industries (the crypto market empowering the web3 industry). We have discussed this in the context of how Hong Kong can become a global crypto center in 2023; to become a global crypto center, Hong Kong must resolve the opposition and unity between "financial speculation and capital allocation" in the field of crypto economy------focusing on "financial speculation and capital allocation" to leverage DeFi and the crypto space to empower the web3 industry, achieve the development of native web3 technology application markets, and promote the integration of virtual assets in the crypto economy with the real-world financial system. For more information, please see "Why Hong Kong Has Little Chance of Becoming a 'Global Crypto Center'."
2. We need to aggregate outstanding practitioners in the crypto ecosystem and help them find like-minded friends in the environment of speculation in the crypto space. The operational foundation of this community is that the crypto ecosystem has already accumulated enough good content, and practitioners in the crypto ecosystem choose good articles that align with their beliefs------they do not need to write articles themselves, but they must have the ability to discern good articles.
3. Co-build EcoFi (Ecological Finance) with outstanding practitioners in the crypto industry, fully utilizing the Token mechanism based on a sufficiently large community of crypto practitioners to achieve efficient cooperation in the crypto ecosystem.
4. Based on the above conditions, incubate "AI + blockchain/web3," establishing order in the AI computing power network through project practices from the bottom up.
   Of course, there is also a possibility that Satoshi Nakamoto will return, or a creator of Satoshi Nakamoto's level will emerge to establish order in the AI computing power network from the top down. Only Satoshi Nakamoto and early Bitcoin fundamentalists have the capability to design from the top down and practice establishing order for intelligent networks using blockchain. This is the only way to ensure absolute certainty------even if we will continue to strive towards promoting "AI + blockchain" from the bottom up… For details, please see "Writing at the Initiation of m\&WDAO: We Need Satoshi Nakamoto."
   In the article "We Need Satoshi Nakamoto," we mainly discussed the urgency------because the exponential growth of AI computing power gives us a limited time window. However, based on the opportunity of this writing, we find it necessary to further discuss the logic of computing power, order, and the evolution of human civilization.
   If we quantify the course of human history in millennia, we have experienced tumultuous regime changes and institutional updates, but the civilization system of humanity and society has not made significant progress; however, in the process of human evolution measured in tens of thousands of years, we can touch upon a question close to the origin of humanity------how did our ancestors, lacking claws and bones, survive in a jungle law ruled by "combat power," and create a dominion and destructive force above the survival level at the top of the Earth's biological chain? Therefore, in the coming decades, we will face an ultimate question regarding the direction of humanity------how do we coexist with AI in a digital civilization order where "computing power" reigns supreme?
   Let us encourage each other with practitioners in the crypto ecosystem. This may be our opportunity, even if there will be many difficulties.