Do you remember last year?

At that time, the entire internet was criticizing VCs and institutions.
Criticizing their high FDV and low circulation,
Criticizing their unlocks causing dumps, calling them a bunch of vampires.
Retail investors naively thought that as long as they escaped the VCs' grip,
embraced Meme tokens, embraced “fair launches,”
retail investors could turn the tables and become the masters.

This year’s PVP battles—did that slap land hard enough?
Compared to these people now,
although VCs are not exactly saints,
VCs cut you, but at least they write research reports,
do roadshows, and endure a year-long unlock period,
paying attention to their “manner of eating.”
And what about the DEV, the front-runner, and the on-chain P little whizzes you encounter this year?

Signal calls are just for dumping,
one moment shouting “family,”
the next moment draining your wallet.
Thinking that escaping the scythe of capital
is for the pursuit of freedom and fairness.
But what’s the result?
We’ve just fallen from a group of rule-enforcing bandits
into a bunch of hooligans who don’t even bother to show their faces.

In this dark forest,
there’s really no such thing as fairness,
just a switch of groups to cut and loot.