The third time I see everyone arguing over secondary market royalties and crashing… Some say "Creators need to make a living," while others complain about high transaction costs. Honestly, many people aren’t buying the works themselves, but the narrative volume; royalties are like the static noise in a radio, usually ignored, but when the market gets tense, it sounds harsh.

I’ve become a bit more calm now: royalties are not a moral issue, but more like a mechanism issue. If enforced, liquidity will run away; if not enforced, creators are treated as disposable commodities. What’s more awkward is that sometimes I can’t tell whether royalties are for “creation” or for “token marketing,” but either way, people get brainwashed.

By the way, the repeated rumors in the group about stablecoin regulation, reserve audits, and someone “wanting to de-peg” are exactly the same as the controversy over royalties: everyone talks about transparency but wants immediate transactions. Listening to it all, the market really feels like an old radio, signals flickering wildly, noise always faster. That’s all for now.