December 9, 2025
Today, the whole internet is buzzing about a travel influencer, Lan Zhanfei, who revealed that he was kidnapped in South Africa. It is said that the kidnappers started planning six months ago, bribing South African airlines, hotels, and police, meticulously orchestrating this kidnapping case. Fortunately, Lan Zhanfei is safe, and although he lost a lot of money, for him, as long as he is alive, money is not an issue.
This incident has deepened my sense of fear about certain corners of the world. Relatively speaking, we have done quite well in terms of public safety management. If there is any insight to be gained, it is to avoid flaunting wealth casually. There are still many invisible big shots in the cryptocurrency circle; in reality, if someone is a KOL, flaunting wealth is usually purposeful and likely not genuine.
The market still shows no signs of improvement. The Stable that went live yesterday, another project claiming to be a stablecoin public chain backed by Tether, hasn't even been listed on Binance's spot market. After opening, the price has continuously dropped, which shows how much the current market disapproves of altcoins. This serves as a reminder that we should not easily engage with altcoins and not believe the nonsense from those VCs; their purpose in launching projects is simply to exploit retail investors.
Let me explain what I mean by mainstream assets. There are mainly two categories: the first category includes BTC, ETH, and similar assets, which have strong consensus and have undergone several cycles of bull and bear markets in the crypto space. The second category consists of projects that have fundamental value, can generate real commercial income, and have a decent market scale. A typical example is BNB, and I also personally recognize DeFi blue chips like UNI and AAVE. Although the overall performance of DeFi project prices is average, I believe that allocating in batches keeps the risks manageable.
Thank you for your attention and likes.
