CZ is unworthy of his position. Peel back the myth of CZ, and what you see is just a giant middleman pushed to the forefront by luck. CZ's biggest crisis lies in the deep disconnect between his personal wealth and his contributions to the industry. If a leader with hundreds of billions in assets and a high social position contributes only to facilitating transactions and dealing with regulations, then he is the biggest liability in this ecosystem. So-called industry leaders, if they cannot define the rules, are just massive code-stacking machines. Their unworthiness is a collective "intelligence tax" paid by this generation of crypto refugees. He used the dividends of the times to establish an absolute ecological monopoly and amassed astronomical wealth, but his output in promoting underlying technological revolutions and rule evolution was almost zero. As someone who controls the lifeline of global digital liquidity, his vision and sense of responsibility are completely inadequate to bear this power. This kind of mismatch between virtue and position is an efficient form of rent-seeking behavior. He has taken advantage of the industry's benefits but failed to provide any architectural-level incremental growth for the future.