🌪️ How should we view value when the market encounters fluctuations?
Recently, I came across news about the cryptocurrency market: the US government took action against the assets of a wealthy individual from Cambodia, resulting in a large amount of Bitcoin being frozen. Such news often triggers short-term market fluctuations and makes many people start to rethink the essence of value.
Whenever the market experiences turbulence, I tend to focus more on the true consensus value that does not fluctuate with the news. For instance, Spurdo, which is widely loved in both Eastern and Western communities:
▫️ Its value does not depend on individual big players or institutions, but rather stems from the collective recognition of the global community.
▫️ As a cultural symbol born in 2008, it has witnessed countless market ups and downs, yet remains vibrant.
▫️ In times of uncertainty, this value based on pure consensus appears particularly precious.
💫 Some thoughts
The fluctuations in the market show us that value systems relying on a single narrative or individual participants are often quite fragile. In contrast, cultural symbols like Spurdo, which are co-created and maintained by the community, demonstrate unique resilience.
Perhaps this is the most fascinating aspect of the crypto world: there are both rapidly changing market conditions and those community consensuses that withstand the test of time. The former shows us the activity of the market, while the latter allows us to feel the warmth of consensus.
In such moments, what form of value do you value more? Is it the asset prices that fluctuate with the market, or those community consensuses that transcend cycles? Feel free to share your thoughts in the comments～
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