From a certain abstract perspective, the emergence of "charity fraud" and "kissing scandal" can actually be regarded as an "industry contribution". This sounds ironic, but upon closer examination, it's truly remarkable that the crypto has launched a rare, unified collective action calling for moral conscience, advocating for ethical conduct, and condemning unscrupulous and vulgar hype. It's important to understand that in a brutal industry where project teams engage in rug pulls, exchanges use vulgar methods to attract users, VC coins exploit users with high FDV (Fulfillment by Value) and market makers blatantly manipulate the system, everyone has long accepted the PVP jungle law that "making money is justice" and "the fastest runner wins." This reminds me of the era when Tencent proposed "Technology for Good." At that time, the mobile internet was growing wildly, with incidents such as the Didi Chuxing hitchhiking service's heinous murder, the addiction of minors to the game Honor of Kings, the constant stream of counterfeit and vulgar information on Pinduoduo, and a large number of P2P companies running away with funds. The entire internet industry was facing an anti-monopoly public opinion crisis and high regulatory pressure, and had reached a crossroads where it had to reflect on itself, save itself, and redeem itself. At that time, the entire internet industry realized that if it did not establish some kind of value bottom line, the foundation of trust in the entire industry would completely collapse. Fortunately, Tencent, as a leading internet company, stepped forward to guide "technology for good." As we all know, the result was that the phrase "technology for good" did not stop the giants from promoting commercialization, but it did get rid of the barbaric products of that era of relentless competition and "making money on your knees." In the current Crypto industry, we may not talk about metaphysical ideals such as decentralization, censorship resistance, and financial freedom, but it is undoubtedly time to call on the entire industry to "use crypto for good"!

Encryption for Good

Encrypt for good!

Tencent was truly shameless at first, plagiarizing all their products. Later, they did realize the problem, and they seem to be doing better these days. I wrote an ESG paper about Tencent last year. But how to put it... starting out shameless and then becoming more respectable, isn't there a difference? However, if they insist on being respectable, it seems difficult to develop further...🤣

Encrypt for good!

There will always be a phase like that, but you can't avoid making adjustments.

You don't seem to have that; I thought you were always very concerned about saving face.

A gentleman loves wealth, but he acquires it in a proper way.