These days, I've come across a bunch of arguments about NFT royalties again, basically creators want a long-term income, while the secondary market complains that the fees kill liquidity. It looks pretty exhausting, but not surprising—when the narrative heats up, everyone wants to stand on the moral high ground, and when it cools down, the accounts start to be settled.

I personally lean towards treating royalties as a kind of "optional donation," which I think is a more stable psychological expectation: if you see it as steady cash flow, you'll be easily disappointed when the market changes; if you see it as an echo of community resonance, it’s there when it’s there, and when it’s not, it won’t cause a mental breakdown. Anyway, the market doesn’t owe anyone anything, but people do need to be incentivized to keep creating... Sigh, I’m tired but still watching, for now, that’s how I’ll leave it.