#Strategy加码BTC配置 💰 Hot Topic 4: From $27 to $67 million, then back to zero — the Cruelest Lesson in the Crypto World

Small investments turning into millions is everyone's dream. But that dream was shattered on a certain Meme coin — because with a single trigger of the developer’s "permanent blacklisting" permission, all earnings were wiped out instantly. This is not an exaggeration; it’s happening in the crypto space right now.

The core issue is very painful: projects that claim to be "decentralized" actually give anonymous developers absolute power through a single control. Contract permissions are that power.

**What you think is "decentralized" is actually like this:**

👉 Developers hold the blacklist authority, which can freeze any wallet
👉 The pause permission means the entire contract can be halted at any time
👉 The mint permission allows unlimited token issuance, hidden in the corner, ready to be used to cut a slice someday

**Before investing in any project, you must do these three things:**

**1. Review the contract code on Etherscan** — Search for dangerous functions like blacklist, pause, mint, and see which wallets they are connected to

**2. Confirm whether permissions are dispersed or centralized** — Multi-signature wallets management > single control. If one person can decide everything, it’s a gamble on their conscience

**3. Check the audit report** — Endorsements from reputable firms like CertiK, OpenZeppelin can at least eliminate most basic vulnerabilities

Honestly, opportunities are always there, but surviving is the prerequisite. Don’t let the desire for quick riches turn into a reason to get cut. $ETH $BTC $BNB is good, but first learn to read the contract before deciding whether to get on board.