Alliance DAO Co-founder: In the Next 10 Years, Quality Stocks Will Outperform L1 Tokens Because Growth Does Not Necessarily Equal Profit

Jinse Finance reported that QwQiao, co-founder of Alliance DAO, stated on social media that within the next 10 years, if anyone believes that a weighted index composed of Layer 1 tokens of their choice will outperform the stock indices I have listed, I would be happy to bet on it. QwQiao pointed out that most people have a strange misconception that growth = profit = market cap growth. In fact, most industries throughout history have not followed this pattern. There is growth without profit (such as airlines and the catering industry), and there are industries that are profitable without growth (some excellent companies are able to raise prices over time). I believe blockchain will experience rapid growth, but competition will drive down profits. Although the competition is not completely fierce (not like the catering industry), it is far more competitive than an oligopolistic market.