In crypto’s casino, Bitcoin stands alone as the ultimate prize

Many industry figures, like Scott Melker, view 99.999999% of the cryptocurrency space as a casino characterized by volatile bull cycles, failed memecoins (like Trump coin and Banana Cat), and insider mishaps, leading to widespread retail disillusionment. Even traders remaining glued to the market are described as suffering from a mental health issue. However, this chaotic environment ultimately pushes exhausted participants back toward Bitcoin, which is portrayed as the one reliable asset that continues to function when other projects fail. While the community debates philosophy and technology, the universal metric remains price appreciation ("Number go Up"). The article concludes that Bitcoin is gaining mainstream legitimacy, evidenced by figures like U.S. Treasury Secretary Scott Bessent publicly praising its 100% uptime, suggesting that the ultimate prize was the foundational asset all along, separate from the surrounding speculative noise.

(Source：CryptoSlate)