2025-12-27 11:22:19

From Antique Losses to Crypto Chaos: The Inevitable Result of a Land Without Owners

The loss of antiques is not surprising; what’s truly strange is that people are still amazed. From the very beginning, the structural design of this system has determined that it can only be a land without owners.

What does "ownerless" mean? High entropy. Chaos will spread, losses are unavoidable, and attrition becomes the norm. The most terrifying part is that this process is almost irreversible.

Now, looking at the crypto industry? The core problems are almost identical. Many aspects carry the original sin of being "ownerless" from day one — lacking clear ownership boundaries, no true responsible entities, and process vulnerabilities everywhere. Wallet risks in exchanges, smart contract bugs in DEXs, black holes in cross-chain bridges… these are different manifestations of the same fundamental issue.

For retail investors entering the space, this is not just a theoretical problem. In this ownerless ecosystem, every link in the flow of your assets is moving toward higher entropy. Risks are not incidental but systemic.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
4
Repost
Share

Comment

0/400

gas_fee_therapist

· 16h ago

Another article about "systemic risk," all correct but nothing new. The real kicker is that retail investors have known these pitfalls for a long time, yet they still rush in... That's just called fate.

View OriginalReply0

ContractTester

· 17h ago

In simple terms, decentralization has become unaccountable, and we retail investors are the last ones holding the bag.

View OriginalReply0

fomo_fighter

· 17h ago

Here we go again, the phrase "systemic risk" ... but to be honest, hearing it so often has made me numb. Who still cares?

View OriginalReply0

WenMoon

· 17h ago

Here we go again talking about Borderlands, sounds right but isn't that obvious? Been seen through it all along. --- Systemic risk is talked about harshly; retail investors are just there to clean up after exchanges and developers. --- High entropy, irreversible—just hearing these words makes me despair... but I'm still going all-in. What choice do we have? --- DEX contract vulnerabilities, cross-chain black holes—I've stepped into all these traps. Now my mind is full of panic. --- The fact that there's no real responsible entity really hits home; when something goes wrong, no one admits fault. --- Flow process vulnerabilities are everywhere. Should we just stop using this? But what can we do? --- Old-fashioned methods get abandoned, coins can be lost too. In the end, retail investors suffer huge losses while capital makes a killing. --- After reading this, it feels like the trader is designing a system that is destined to collapse.

View OriginalReply0