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Recently, I saw a bunch of blockchain game pools promoting "play and earn," basically treating inflation as output.
A quick look on-chain makes it clear: reward tokens are minted rapidly every day, while real consumption (crafting/repair/tickets) can't keep up, leaving only liquidity that keeps passing hands in the pool.
The more lively it gets, the emptier it becomes... I have screenshots and timestamps saved; don’t tell me about "community consensus."
What's even more hilarious is that outside, memes and celebrities are calling the shots, setting the rhythm.
When attention shifts, newcomers rush in thinking they've found a treasure, but the last wave hits so fast.
Veteran players warn you not to get caught up, not because they’re pretending to be clear-headed, but because they've seen too many endings where "output > consumption."
I don’t need to be understood; I only trust the data: inflation can’t be contained, consumption can’t create real demand, and the pool will collapse sooner or later.
If you want to play, that’s fine—just make sure you understand the emission curve and wallet flow first.