@whycryptonotfun: why many of us aren't having fun working in crypto anymore

The author of this essay, posted as a tweet by @whycryptonotfun, argues that many people working in crypto are no longer enjoying their jobs because the market for their work has shrunk and the alternatives look weak. The essay says selling infrastructure to crypto developers is now a market of roughly $2-300 million a year split among hundreds of organizations, with the most successful generating double-digit millions. It presents three crypto-and-AI options (tokenized traditional businesses, decentralized AI infrastructure, and stablecoin infrastructure for agents) as unappealing, and it closes by proposing that crypto capital should fund AI-driven "agent companies."