The Trilemma of the New Crypto Economy: The Intersection of Energy, Cutting-Edge Technology, and Stablecoins
Original Article Title: Energy, Frontier, Stablecoin
Original Article Authors: @ManoppoMarco, @primitivecrypto Investors
Original Article Translation: zhouzhou, BlockBeats
Editor's Note: This article explores the current status and future direction of the cryptocurrency industry, suggesting that innovation in the crypto space has become flat, with new technologies and projects failing to bring breakthroughs. The author believes that true innovation should combine the core features of crypto, such as incentive mechanisms, asset liquidity, and seamless transfer, to address macro issues. By integrating energy, frontier technology, and stablecoin, the crypto industry can be propelled to a higher level of development.
The following is the original content (slightly reorganized for clarity):

This is the first part of an exploratory paper series that I will be writing in the coming weeks.
Is the crypto industry getting boring... or growing? Over the past few months, Crypto Twitter's mood has been mixed, with both excitement and fatigue, mainly due to two reasons:
· The trench is dead.
· The institutions are here to take your lunch money.

The former means that the rebellious, cypherpunk-style innovation is no longer as prevalent in the crypto industry as it was in the past. Since DeFi unlocked our imagination in 2019, there has been no real 0 to 1 innovation in our field. Of course, blockchain has become faster, and we are all working hard to help traditional finance save 30 basis points through asset tokenization (which is a trillion-dollar opportunity!), but it can also be said that the original spirit of crypto is slowly fading away.
The latter means that the current crypto space is filled with MBA graduates and professional protocol hoppers (I swear I will make PPH a real term), who now dominate our field. These professionals, hey, I bet some senior managers of big protocols haven't even tried issuing their own coin on PumpFun.
Overall, observing all this has made me start thinking about which possible new verticals we can explore to get my CT friends excited again.
Frankly, I don't think what's happening in the crypto industry is bad or boring; it's just the natural progression of business and tech cycles within a maturing vertical.
But hey, maybe I'm too pragmatic. So, what's new?
New virtual machines, new blockchains, and new Ponzi economics will continue to attract funding, especially in the early stages. Because crypto is still the world's best capital market. Ask any Web2 VC friend of yours how things are on their end, and you might think we're no longer in a bear market.
But these optimizations have become somewhat boring; even though they still bring returns to early investors, they haven't unlocked new mechanisms or driven new business models that propel our industry forward.
Therefore, this article is an attempt to imagine things that could drive the industry forward.
My assumption is that the answer lies in the combination of the following three intersections:
· Energy
· Cutting-edge Technology
· Stablecoins
Let's dissect these three concepts.
Triumvirate
The original meaning of "Triumvirate" was the rule of three men—referring to the informal alliance of Caesar, Pompey, and Crassus in 60 BC. If you think I'm a bit old-fashioned, go with your gut.
I believe that crypto is fundamentally a macro asset. The technological and capital market value that crypto provides is most effective when combined with macro trends. Digitalization was the earliest trend that brought crypto into our world. In an increasingly digital world, there has to be a native way to exchange value -> hence crypto.
Now, the world is undergoing several macro trends:
· Energy: Demand for more energy
· Cutting-edge Technology: Demand for technological advancement
· Stablecoins: Demand for seamless value transfer
These three constitute the crypto Triumvirate. By properly combining these three verticals, crypto can be propelled to the next level.
I'll be the first to admit that, taken individually, this concept is not groundbreaking. Some funds have already started focusing on the convergence of crypto and energy, such as @uraniumdigital_ and @daylightenergy_'s recent funding rounds; while some have explored the combination of crypto and cutting-edge technology, like @openmind_agi and @Spacecoin_xyz.
The key is, when you combine these three elements, what kind of product and incentive mechanism flywheel can you ignite.

· A DeFi project without asset issuance? Boring.
· A stablecoin without real-world use case? Oversaturated.
· Cutting-edge technology without a crypto flywheel? Pointless.
In Summary
How to leverage the best attributes of crypto: incentive mechanisms, populism, and seamless asset creation/transfer, and combine them with the most interesting problems of our generation — not just for the sake of a forced narrative, but because the nature of crypto can truly create a better product and incentive flywheel for the problem you are solving.
I once read a saying, stripped of everything, there are only two ways to make money:
· You create value and convert it into money
· You facilitate the flow of funds and charge a fee
I believe that crypto, if done right, will embody both methods (1) and (2) simultaneously.
In the second part, I will explore the first-generation existing mechanisms/business models of these tripartite political projects and consider what might happen when they are combined.
You may also like
$15K+ Profits: The 4 AI Trading Secrets WEEX Hackathon Prelim Winners Used to Dominate Volatile Crypto Markets
How WEEX Hackathon's top AI trading strategies made $15K+ in crypto markets: 4 proven rules for ETH/BTC trading, market structure analysis, and risk management in volatile conditions.

A nearly 20% one-day plunge, how long has it been since you last saw a $60,000 Bitcoin?

Raoul Pal: I've seen every single panic, and they are never the end.

Key Market Information Discrepancy on February 6th - A Must-Read! | Alpha Morning Report

2026 Crypto Industry's First Snowfall

The Harsh Reality Behind the $26 Billion Crypto Liquidation: Liquidity Is Killing the Market

Why Is Gold, US Stocks, Bitcoin All Falling?

Key Market Intelligence for February 5th, how much did you miss out on?

Wintermute: By 2026, crypto had gradually become the settlement layer of the Internet economy

Tether Q4 2025 Report: USDT Market Cap Nears $190 Billion, Multiple Metrics Reach All-Time Highs

Kyle Samani's about-face, one of the biggest believers in web3, has also left the industry

Bhutan Quietly Sells Over $22M in Bitcoin, Drawing Speculation Over Possible Moves
Key Takeaways Bhutan has transferred over $22 million in Bitcoin from sovereign wallets in the past week. The…

BitMine Endures a $7B Unrealized Loss as Ethereum Dips Below $2,100
Key Takeaways BitMine is facing a significant financial challenge with an unrealized loss of over $7 billion in…

Trump-Linked World Liberty Financial Under Scrutiny Following $500 Million UAE Stake
Key Takeaways A U.S. House investigation is examining a $500 million UAE stake in Trump-related World Liberty Financial.…

Asia Market Open: Bitcoin Tumbles as Asian Equities Reflect Global Tech Retreat
Key Takeaways: Bitcoin’s price plunged by 6% to $72,000, reflecting the spillover effects from the global tech sector’s…

Crypto Firms Propose Concessions to Banks as Stablecoin Disputes Stall Key Crypto Bill
Key Takeaways: Crypto companies are attempting to navigate stablecoin disputes with banks but agreements remain elusive. Industry representatives…

CoolWallet Introduces TRON Energy Rental to Minimize TRX Transaction Costs
Key Takeaways CoolWallet has integrated TRON’s energy rental services, offering users lower transaction fees while maintaining asset security.…

CFTC Officially Withdraws Biden-Era Proposal to Ban Political and Sports Prediction Markets
Key Takeaways: The CFTC has rescinded a 2024 proposal and subsequent 2025 advisory that aimed to prohibit event…
$15K+ Profits: The 4 AI Trading Secrets WEEX Hackathon Prelim Winners Used to Dominate Volatile Crypto Markets
How WEEX Hackathon's top AI trading strategies made $15K+ in crypto markets: 4 proven rules for ETH/BTC trading, market structure analysis, and risk management in volatile conditions.