Jupiter Lianchuang: DeFi and Meme coins are crucial to achieving decentralization, and are deeply disturbed by the crypto industry's celebration of ETFs

Jupiter co-founder meow posted on the X platform: "I don't tend to participate in political games - all political parties are concentrated forces of nepotism (as far as I am concerned), and all individuals (including myself) can become complete assholes if they have enough power. Therefore, the decentralization of all markets must be achieved first, because this will lead to the decentralization of finance and ultimately the decentralization of power. This is why the emergence of DeFi and Meme coins can serve as a bulwark against global centralized forces, not just a meme. By showing that we as individuals, small distributed teams and decentralized communities can collaborate and create value, even better than the best of them - we will eventually decentralize value creation, financial channels, and ultimately power. In addition, this is why the celebration of ETFs in the crypto industry makes me deeply uneasy - if the whole world owns ETH/SOL through BlackRock - are we more decentralized or less decentralized?"