Most people think decentralization is an idealistic concept, but its real value has always been very practical: performance determines how you make money in the short term, while decentralization determines whether you can actually take your earnings with you.

During a bull market, everyone only cares about speed and transaction fees, thinking the faster the chain, the better. But when you encounter a black swan event, downtime, arbitrary permissions, or liquidity drying up, you’ll realize that high performance improves user experience, while decentralization is what ensures survival.

Retail users chase returns, investors chase certainty, and the foundation of certainty comes from those few chains that won’t betray your assets at critical moments.
You can trade anywhere, but your wealth can only ultimately settle where you trust the most.

People are the same way—everything is fine when the waters are calm, but only in extreme moments does your foundation reveal itself.