I only write down one sentence in my notes: once a stablecoin loses its peg, everyone asks whether the reserves are transparent or not, but what they’re really doing is running first and talking later—just like when the cross-chain bridge was hacked again and the oracle reported errors the other day; the whole group was spamming “waiting for confirmation,” but when it’s time to decide whether to hold or not, who can actually wait? Bank runs/withdrawal runs never make sense—there’s no logic to them. In any case, I only dare to treat it as a tool now, not as a belief.