I recently realized while looking at options that the biggest difference between buyers and sellers is not who is better at guessing the direction, but who can endure over time. Buyers wake up every day being slowly robbed of time value, and even if the market doesn’t move, it can wear them down to doubt their life; sellers are like collecting rent, as long as the market doesn’t give you a big fluctuation, the money slowly comes in, but when a black swan hits, you might lose everything overnight. Basically, buyers buy “possibility,” while sellers sell “patience + risk tolerance.” Actually, this is quite similar to the recent bickering over Layer 2 TPS, fees, and subsidies—no matter how loud the slogans, in the end, it’s about who can burn incentives longer and who can withstand the quiet periods. Governance is the same; over time, human nature begins to reveal itself.