#比特币 After reading this report, I have to admit I was a bit shocked. 41 developers, 8.4 million dollars, supporting a 2 trillion market capitalization Bitcoin empire - this number does seem incredible compared to Meta or Ethereum. But from another perspective, this kind of "fragility" is precisely Bitcoin's strongest anti-fragility.

What truly intrigues me is the current state of the funding system. Organizations like OpenSats, Brink, and Spiral seem decentralized, but tracing the sources of funding often leads back to the same individual. While this dependency is functioning well at the moment, how strong is the ecosystem's resilience if variables change? The case of donation commitments shrinking by 58% during a bear market has already highlighted the issue.

There is another detail worth noting—Asia, which accounts for 78% of the global population, has almost zero core developers. We do not lack technical talent; what we lack is the understanding and commitment to the open-source community. If an organization can fill this gap, the potential would be explosive.

The most realistic suggestion is that those exchanges and stablecoin issuers that profit the most from the Bitcoin ecosystem should seriously consider long-term employment of developers, rather than occasionally issuing grants as a facade. In the short term, this may increase costs, but maintaining the vitality of this ecosystem is the true ROI for everyone. This game has no future without infrastructure maintenance.