The crypto world is becoming a new sunset industry. Why is the encryption field losing young talent?

The crypto industry is ceding young talent to areas such as AI. It's not just a question of salary, it's a lost story of attracting talent. From the “financial revolution” to the “online casino”, how can the crypto industry regain its sense of purpose? (Synopsis: The most profitable app in the cryptocurrency circle has begun to rot, Pump.fun is there any salvation?) (Background supplement: from China's Warren Buffett Duan Yongping, find the key to “holding and getting rich” in the currency circle) Casinos don't incentivize talent, they only attract tourists. The crypto industry is giving up young talent to other areas, such as artificial intelligence (AI). This phenomenon is a heavy blow to the future of the industry. When young talent begins to look to other industries for opportunities, the situation is similar to the phenomenon of young people in a country leaving their hometowns in pursuit of better development prospects. You lose the minds that were supposed to drive the future. Economists refer to this phenomenon as the “brain drain” (Brain Drain). I grew up in Lebanon, a country that suffered from a brain drain. Anyone I know who had the opportunity to go abroad for college almost didn't hesitate to leave. And the result? Not a single one came back. They all stayed abroad, where they started businesses, developed careers, and started families. All the intelligence that could have built the country is lost forever. And this kind of problem is now playing out in the crypto industry. We're channeling talent into industries like artificial intelligence (AI). And the reason is not that these industries pay more, but because they tell a more compelling story. Young talents who have just graduated are often pursuing a story rather than a salary. Young people are passionate and energetic, and they want to build their careers in an industry that can shape the future. And this used to be the story of the crypto industry. In the last cycle, the crypto industry had a completely different narrative: privacy, self-sovereignty, censorship resistance, the future of finance… These ideas appeal to a group of minds eager to get involved who want to be part of this story. But now, we're losing that narrative and the identity that makes the industry unique. At the same time, AI is giving young people the stories they crave. AI tells young people that they can redefine the way humans think, work, create, and communicate. They can develop tools to change civilization… The crypto industry, on the other hand, is drifting in a completely different direction. Its mission becomes blurred. The industry is gradually losing its “sporty” feel and is more like the lobby of the Bellagio Casino in Las Vegas. Few people these days can tell a story that makes a 22-year-old feel the call of adventure. We used to have stories like this, but then we turned into a casino, a huge online casino. The casino does not incentivize talent, it only attracts tourists. It's important to note that casinoization isn't the root of the problem, it's just a symptom. We lost our story and became a casino, not the other way around. Young talent flocks to AI not because it is morally nobler, but because it feels significant. It makes people feel like they are involved in a bigger cause, that history is being written in real time, and that anyone can pick up a pen and write a part of it. The crypto industry used to feel that way, but it's no longer the case. The good news, though, is that stories aren't set in stone, and they can be rewritten. The renaissance of the crypto industry will not be written by institutions, ETFs, or multi-billion dollar foundations, but by you and me, the people who have truly shaped the space. It's us young, persistent and imaginative minds. If we want this industry to have a prosperous future, we need to make this sector more attractive to young people. And to do that, we have to provide them with a story worthy of their journey across oceans. Here, I propose a whole new story: Crypto Twitter Lost Crypto Twitter (Crypto Twitter) has lost its sense of direction. The energy that once held us together is dissipating because the common story that sustained us is gone. What used to be a community connected by the shared values of “early participants,” “rebels,” and “misunderstood” has slipped into endless mediocrity. Standards are falling as interests take the place of mission. Many have begun to attract attention by creating dramatic conflicts and spreading fake news, even referring to this behavior as “culture.” Some have turned their accounts into “traffic farms,” where content creators hire so-called “reply parties” to create interactions and pretend no one will find out. Everyone is “brushing the charts” in the most obvious way, and at worst, we all pretend that this is normal. The root of all this is that crypto Twitter as a community has lost the story that once held it together. The window of opportunity is still open, but not forever. Identity Crisis on Crypto Twitter Anyone active on Crypto Twitter (Crypto Twitter) has probably noticed that the culture of the industry has been rapidly degrading lately. And there are two main reasons behind this. The first reason is the industry's excessive incentive mechanism; But the deeper reason is that crypto tweet has lost the same story it once told itself. Before this bull market, the core of crypto tweet was a group of people who considered themselves “early participants.” They see themselves as rebels, at the forefront of a misunderstood frontier industry. This group of people was able to see the potential of NFTs when the world thought it was a scam. Because these people make up the bulk of crypto Twitter, there's a unique culture — a culture of rebels, a culture of early builders, a culture of thinking they're building the future of the web. But in this bull market, this rebellious industry culture has gradually disappeared. When institutions start investing billions of dollars, participating in or working in the crypto industry is no longer a symbol of rebellion. When both U.S. presidents started issuing meme-coin (memecoin), and my uncle invested in it with ETFs, we lost our identity as “rebels” and ceased to be a “different” group. Because of this, encrypted Twitter has also lost its identity. Every community needs to reinvent itself To survive, Crypto Twitter (Crypto Twitter) needs a new story, and it needs to redefine itself. Just like Apple (Apple) - in the 80s of the 20th century, Apple was a product for rebels, but as it gradually went mainstream, it had to reinvent itself as no longer just for rebels, because it was no longer that niche brand. Apple has repositioned itself as a “creative guardian against conformism.” Even as it has become an industry giant, “Think Different” has become its new slogan. Each community has reinvented itself in the process of replacing the old with new myths and new stories, and this is the reality that crypto Twitter has to face. We are no longer “early participants” or “rebels”, we need a new narrative. When you think about the impact of the crypto industry, whether it's the penetration of memecoin (memecoins), Bitcoin, institutional investment, and mainstream culture in this bull market, or the participation of NFTs, boring ape (Bored Apes), and stars in the last bull market, There is one thing we can agree on: plus…