Lately, I’ve been watching governance votes again, and the more I look, the more it feels like I’m watching a “delegated voting contest”… I originally thought about getting involved, but when I clicked in, it was all about packaging people’s votes and handing them to a few familiar faces. The proposal passed, but in the end, who did it actually govern for? To put it plainly, it’s just that a small number of people find it easier, and everyone else feels more at ease—then slowly it turns into rule by an oligarchy. Anyway, my little votes are only for the sake of joining the fun.

What’s even more ridiculous is that social mining and fan tokens are still in vogue—this “attention is mining” thing. It sounds pretty hype, but in reality it’s more like whoever has the loudest voice has the highest computing power, and in the end it all lands back in the hands of those few people who can drive the narrative.

What I fear most isn’t losing money, but losing control: once you hand decision-making over, I won’t be able to react in time no matter which direction the project goes next. So I’ve set rules for myself right now: I don’t chase, I don’t add leverage. If I can vote, I vote; if I can’t, I don’t pretend to participate.