depouch

May is Maya’s month

I went yesterday through Discord servers, 30+ of them, pretty much all dead, ghost towns. Here and there, a few people talk about the good old days and wonder if devs are doing anything, but generally, it's a very depressing environment. Meanwhile, the Thorchain server keeps beaming with life. That's resilience, that's determination to make it work, regardless of past mistakes, lack of general support, and idiotic attacks. They never stopped building, shipping, and believing.

I literally didn't look at my crypto portfolio for more than a year. Canceled all notifications and ignored pretty much all the news. I guess I was coping. If somebody gave me a single-button option to move everything into cash, without any tax and paperwork that follows, I would probably do it. It would have been a classic crypto capitulation. But yesterday I decided to believe in something again, so I will consolidate my portfolio, cut many losses, and double my bet on $RUNE and $RUJI (Plus a few major L1s). Not because I have some special insights or intuition, but because I still want to believe in the cypherpunk version of crypto, not the polished, banker version that we are witnessing lately. Maybe this is still a coping process, but to be honest, I don't care. I have a real-life business that sustains me, so I will be fine, but I hate the feeling that we just gave up on an idea that money should be decentralized and immutable. Scammers and hackers are not the problem; they are symptoms of a fragile system, so the only solution is to make those systems stronger. I still find that process of figuring it out fun, even if it's risky as hell for those who put money into such systems. So, as usual, NFA.