Lately, I've been thinking about cleaning up my follow list. In the past, I would just focus on the project’s roadmap when evaluating it, but after experiencing losses from mining operations, I realized: no matter how beautiful the milestones are written, without investing money, it's just a PPT. Now I prefer to look at government treasury expenditures—where the money is going, whether the pace is steady, and if they’re just fooling around in big buckets like "market cooperation." To put it simply, teams that take their work seriously will leave traces in their spending: development, manpower, security audits, infrastructure—things that match the progress; those that aren’t serious, their expenses are like sprinkling pepper, and when the community asks, they start storytelling. A couple of days ago, the community was arguing about privacy coins/mixing compliance boundaries, and I was quite divided myself: privacy is indeed a demand, but if project teams don’t even dare to explain their fund flows clearly, it just makes me want to unfollow even more… Anyway, I’ll keep observing and stay less emotionally involved.

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