A few days ago, I listened to CZ's AMA. Honestly, I was a bit disappointed, but not because of BN's handling at 1011 or the "darkening" mentioned in the article, but because there was no fighting spirit. It's not about avoiding compliance, but when industry interests are being infringed upon, shouldn't we lead the industry to push back?! At least withstand the pressure. Although I also don't particularly like Coinbase's Brian, at least he's willing to challenge U.S. government agencies (though also for Coinbase's own interests). Whether through lobbying or judicial procedures, this indirectly promotes industry development. The business of exchanges is essentially a siphoning game, relying on volatility (speed) and total assets. Only by continuously bringing in water (externality of the siphoning business) can the industry and exchanges benefit and integrate. If you don't fight against the "chains" outside the crypto industry, how can you channel water in? (Salute to those actively pushing for ETF approval during Gary's tenure). And when Chinese people encounter problems, they leave, move away, or "migrate the capital." Who told you that government decisions/policies are always correct? Brian even said, "Do the regulators still want to 'verify the license'?" You say Coinbase's cash reserves are higher than BN's? Probably not, but your heart to fight the trap? Haha (Of course, this might also be related to CZ having been imprisoned before. Can you not be afraid?). Of course, you could also say that maybe we have placed too many expectations on BN and CZ. After all, no one is a superhero, nor are they running a charity. You're right—why should greater ability mean more responsibility? It's like people visiting the gods' temples as they age. If they didn't hold onto illusions in their hearts, who would want to climb mountains and cross waters? The final question: when we say "cryptocurrency is no good," what are we really trying to express?