2026-01-17 21:25:57

History offers a fascinating lesson about misjudgment. When Andrew Johnson and William Seward moved to acquire Alaska from Russia, the newspapers erupted with mockery—"Seward's Folly!" echoed across the media, and the public largely dismissed it as wasteful spending.

Yet here's what happened next: Alaska transformed into one of America's most invaluable possessions.

The parallel? Many game-changing assets face ridicule before their true potential emerges. What gets dismissed today—whether resources, technology, or opportunities—often becomes tomorrow's crown jewel. The pattern repeats through history: the greatest gains rarely come from what everyone already believes in. They come from what the crowd still underestimates.

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OnchainHolmes

· 9h ago

Basically, the things that are often mocked are usually the most valuable, and it's the same in Web3.

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GasWrangler

· 9h ago

ngl the alaska thing's kinda overblown... if you actually analyze the historical transaction costs and opportunity expenditures, the roi timeline was demonstrably longer than most realize. people just remember the ending, not the gas fees along the way

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GasFeeCrier

· 9h ago

Haha, it's the same logic again, but who would really go all-in on something that's not favored anymore...

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SleepyArbCat

· 9h ago

Taking a nap... Wait, isn't this the same pattern in the crypto world? The things everyone criticizes actually surge in price, and entering during the low gas fee period is the real strategy...

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