On the bright side, AI's drain on liquidity isn't just affecting cryptocurrencies; it's also impacting other industries, so being drained by both is essentially the same as not being drained at all. While major opportunities are indeed fewer than before, this version of wealth management is still significantly stronger than those outside of cryptocurrencies.
From an institutional perspective, PayFi, AgenticFi, and CeDeFi are all good narrative angles. However, the logic behind making money differs between institutions and retail investors; seasoned crypto investors are more concerned with which to invest in and how to invest.
Since it comes to making money, is there still a chance for crypto? I think we should be optimistic. In the short term, airdrops are worthless, but you can still occasionally earn some money through investments. In the long term, AI and crypto are somewhat related. At worst, we can fully embrace AI and become cryptocurrency shills, then come back to crypto when things improve.
