Last night, I saw another heated debate about whether mandatory royalties should be enforced in the secondary market. Creators need a livelihood, but traders complain about the added costs... I tend to be a bit more cautious: when rules are unstable, no matter how beautiful the model is, it’s useless. It’s more practical to reduce your position first. I’ve had a bad experience recently; I watched a new platform hype itself up, and the terms kept changing—royalties, rebates, whitelists, all kinds of loopholes. By the end, I couldn’t understand it anymore but still went along with it. As a result, liquidity was cut off and I got stuck inside, my mood collapsing for a while. Later, I set a rule for myself: if I don’t understand it, I won’t act. Earning less is better than losing everything, at least I won’t be educated by the rules. Meanwhile, these days, privacy coins, coin mixing, and compliance boundaries are also causing a fuss. It feels like the core issue is the same: everyone wants “freedom,” but no one wants to bear the “cost.” Anyway, I just follow the rules and sleep more peacefully.