Slow Fog's Perspective: Only Bitcoin Makes the Crypto Industry Interesting

On May 22, Slow Fog's Yuxian posted on platform X, stating, "I have my own perspective: if Bitcoin fails, the Crypto industry will fail; if Ethereum fails, Crypto will not fail, but it will become very boring. All public chains similar to Ethereum (running smart contracts) will face similar paths to failure, and the entire industry will become very uninteresting. Yes, only Bitcoin's Crypto industry will be extremely, extremely boring. Stablecoins, RWA, and other products that are quite outside the mainstream will need to run on another public chain that is not only secure, sufficiently decentralized, and has mature infrastructure, otherwise it will be meaningless... I hope the industry remains interesting; without breaking, there can be no building, even if a situation of 'when one whale falls, everything thrives' occurs. I also hope everyone truly prioritizes security, so as not to become disappointed in the entire industry due to security issues, and not to be forced away from the table because of security concerns."