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💥 Those still holding on in the crypto circle must read "The Payment War"
Written by PayPal's 27th employee, from the company's founding to IPO to acquisition, every step firsthand. No inspirational quotes, just a real battlefield of survival against all odds.
Back then at PayPal:
A burning-money war with competitors that pushed them to the brink
Endless nerve-racking struggles with regulators
Internal divisions torn apart, external voices all singing doom
One wrong step, and it would be irreversible disaster
Just like the current crypto circle —
The bear market grinds faith to dust, regulatory crackdowns come wave after wave, projects homogenized to numbness, retail investors lose so much they just want to close accounts and leave.
The most brutal truth in the book:
Entrepreneurship is never a smooth path achieved overnight; it's a series of desperate struggles to carve out a path to survival.
Isn't the crypto circle also a financial war without gunpowder?
Profits in a bull market are luck; surviving a bear market is true skill.
When the whole market is bearish, hold on to your conviction; when the market grinds, keep your hands steady; when the shakeout comes, survive.
Back then, no one believed PayPal could succeed, and it ended up birthing half of Silicon Valley's legends;
Now, with the crypto circle in misery, it's precisely the window for real players to accumulate chips and hone their skills.
Only speculators get weeded out; those who stay are the ones who reap the cycle's rewards.
Life is your own war, and so is the crypto circle.
Hold on, and you'll beat the vast majority.
Risk warning: This article is only a book reading insight sharing and does not constitute any investment advice.
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