Infrastructure on Hanchen's Space Bar

Infrastructure on Hanchen's Space Barhttps://hanchenli.github.io/blog/tags/infrastructure/Recent content in Infrastructure on Hanchen's Space BarHugo -- 0.148.0en-usSat, 21 Mar 2026 00:00:00 +0000Token Revenue are Growing. But That Doesn't Mean We are Not in a Bubble.https://hanchenli.github.io/blog/posts/token_economy/Sat, 21 Mar 2026 00:00:00 +0000https://hanchenli.github.io/blog/posts/token_economy/The anti-bubble argument is 'but there's real revenue.' There is. But how much of it is exploration money that disappears once someone checks the ROI? Tokens might be this generation's dark fiber.