NFT liquidity is overpricing builder priorities

Cycles rhyme, but the plumbing underneath keeps changing.
Ignoring NFT liquidity because self-custody adoption looks exciting is how late-cycle mistakes compound.
Put beside current chatter on “Google Tells Schools They Can Reject AI,” the incentive problem looks clearer.
The practical takeaway is to prefer durable signals over dramatic ones.
Better questions beat louder opinions when regimes shift.
Historically, stretches where layer-2 networks leads without support from wallet UX invite sharper reversals.
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