Skepticism: Markets Reward Noise, Not Memory

The skeptical view begins with a simple observation: infrastructure is boring, and markets are impatient. Tokens tied to storage and availability rarely capture the imagination in the way narrative-driven assets do. WAL may be essential, but essential does not always translate into price performance.

There is also competitive pressure. Decentralized storage is not an empty field. Walrus must differentiate itself not just technically, but socially and economically. Community-driven governance is powerful, but also slow. In a fast-moving ecosystem, slowness can be mistaken for weakness.

Finally, there is the challenge of trust bootstrapping. Storage protocols must convince users that their data will be available years from now. This is a promise that cannot be proven quickly. Walrus must earn credibility over time, a task that resists acceleration.#walrus $WAL