There's a strange tendency in crypto to wildly vacillate from one core belief to the opposite. Not that long ago, every shitty PFP project was worth millions and memecoins were a new way to monetize attention. That was dumb. But you know what else is dumb? Concluding that incremental improvements of FinTech solutions via stables and capital market activity via tokenization are the only thing crypto is good for. I for one still believe that every esoteric non-financial application, from digital art to DeSo to digital credentials to new governance primitives to data provenance to DePIN will still be a thing, and someday, a very big thing. We just have to figure out the right way to do them, have integrity, and wait for society to evolve a bit more. Ironically, the AI boom is going to cause borderline-emergency need for some of these solutions very soon. How do we very data in a world where gen AI could create perfect counterfeit documents? How do we verify identity when deepfakes run amok? How do we verify facts when everything is diluted with slop? We do all that by building on top of a new global root of trust that anyone could access but nobody controls.