Forced narratives—pushed by L1 inventors and “official” foundations—may steer short term perception, but history shows they often become institutional traps of the cycle: retail users and the open market end up choosing something very different. Bitcoin forced narrative: peer‑to‑peer payments, “Satoshi vision” . unexpected Market choice by holders: store-of-value Ethereum forced narrative: ZK‑everything, private payments & transactions, L2s, soulbound tokens unexpected market choice by holders: DeFi, NFTs Solana forced narrative: wireless networks, DePIN, energy/sensor networks, AI & distributed compute, GPU, TradFi‑scale settlement unexpected market choice by holders: meme coins Stay alert to the gap between founder‑engineered blockchain narratives and on‑chain reality. blockchain is a network, not a centrally controlled enterprise. Adoption lives in wallet counts, TVL, and transaction flow— not in team white papers or podcasts.
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