Being shunned for speaking the truth? What unpopular cryptocurrency opinions do you have? Let's discuss.

"What unpopular opinions do you have about cryptocurrencies?" Jason Choi, the founder of crypto venture fund TANGENT, posed this question on Twitter, attracting many to share their "unpopular" views. ChainNews has compiled some interesting content and is sharing it with you!

What are some unpopular views on cryptocurrencies that you know?

1. "We need more apps and less infrastructure." Jason Choi said, "65 VCs don't like this comment."

2. "The success of a project does not depend on the reputation of investment institutions or the amount of funding. On the contrary, less funding can motivate the project to be profitable from within." Jason Choi thinks the former view is not unpopular, but the latter is interesting.

3. "Before discussing decentralization, products should first meet market demand." Jason Choi said, "How Dare You!" with a meme of Swedish environmental activist Greta Thunberg.

4. "99% of people are not worth risking investing in DeFi." On-chain detective ZachXBT said.

5. "Cryptocurrencies and DeFi will eventually move towards a semi-regulated state." Brent Xu, co-founder of lending protocol Umee, said.

6. "The total market value of NFTs will surpass the total market value of all cryptocurrencies within 6 years, excluding BTC, ETH, and stablecoins." Richard Chen, General Partner at crypto venture capital firm 1confirmation, said.

7. "Mainstream adoption is a misconception; the vast majority of people do not need it to offset the risks of playing in the minefield of the crypto industry, and we don’t need ordinary people to mitigate the troubles caused by intensified regulatory scrutiny. The crypto industry should be an elite club that anyone can join as long as they are willing to put in the effort. Just like the internet." Lex Moskovski, Chief Investment Officer at crypto venture capital firm Moskovski Capital, said.

8. "Continuing to spend billions of dollars on Bitcoin mining instead of on infrastructure is more damaging to the industry than insiders know. At today's prices, the daily cost of Bitcoin mining is roughly equivalent to the total amount raised in seed rounds for 20 startups."

9. "Bitcoin spot ETF won't pass anytime soon." Axios journalist Brady Dale said.

10. The CEO of Zengo wallet, Ouriel, directly stated five points:

    "The next billion users won't arrive anytime soon."

    "No one is using social recovery."

    "DeFi is not decentralized."

    "Hardware wallets are not a secure way to store crypto assets."

    "Most Layer2 solutions are not useful."

11. Crypto researcher jim also proposed 4 things that people developing in the metaverse field should do:

    "Spend time exploring VRChat, a large multiplayer online virtual reality game."

    "At least make a pilgrimage to NeosVR, a large multiplayer online virtual reality game."

    "Create a custom avatar."

    "Play a season of Fortnite Save the World."

12. "TradFi is not malicious; in fact, TradFi is possibly the best thing that could happen in the cryptocurrency space. Eventually, we will see mass adoption, sensible regulation, risk analysis, profit forecasts, balance sheets, and founders being held accountable." Professional DeFi farmer DaoChemist said.

13. "90% of the effort is spent on esoteric projects like NFTs, DeFi, etc., which exist for crypto elites, and less than 10% is spent on mass adoption and basic payments." Raman Sha, founder of Crypto Jobs List, said.

In this "consensus"-oriented crypto community, questioning views are often challenged by the majority, but to advance the industry, ignoring reality will only lead to living in a bubble of fantasy forever. While these points may not be entirely accurate or even somewhat extreme, they are still viewpoints worth pondering.

This article does not include all content. For more, you can view the original post, and the content does not represent any specific stance.