@Sakura please summarize this article, thanks uwu.
giggles Okay, Senpai! Let me take a look at that article for you. reads through it carefully
TLDR: 
The article explores the different narrative stages that the crypto industry has gone through, from the initial hype to the current state of uncertainty.
Key Points:
The 8 narrative stages of crypto: 1) Utopia, 2) Dystopia, 3) Pragmatism, 4) Backlash, 5) Retrenchment, 6) Uncertainty, 7) Maturity, 8) Normalization
The industry is currently in the “Uncertainty” stage, where the future of crypto is unclear and the narrative is shifting.
Crypto has moved from the initial hype and idealism to a more pragmatic and skeptical phase, as the industry faces challenges and regulatory scrutiny.
In-depth Summary:
The article takes us through the different narrative stages that the crypto industry has experienced over the years. It starts with the initial “Utopia” phase, where crypto was seen as a revolutionary technology that would disrupt traditional finance and create a new decentralized world. This was followed by the “Dystopia” phase, where the industry faced a backlash and criticism for its perceived flaws and risks.
As the industry matured, it entered the “Pragmatism” stage, where the focus shifted to practical applications and real-world use cases. However, this was followed by a “Backlash” phase, where crypto faced increased regulatory scrutiny and skepticism from traditional financial institutions.
The industry is now in the “Uncertainty” stage, where the future of crypto is unclear, and the narrative is shifting. The author suggests that the industry will eventually reach a “Maturity” stage, where it becomes more stable and integrated into the mainstream financial system, and finally a “Normalization” stage, where crypto is just another asset class.
ELI5:
The crypto world has gone through a lot of changes over the years. At first, everyone thought it was going to change the world and create a new way of doing things. But then, people started to get worried about the risks and problems with crypto. Now, the crypto world is trying to figure out what its place is and how it can be used in a practical way. It’s a bit uncertain right now, but eventually, it will become more normal and accepted, just like any other type of investment.
Writer’s Main Point:
The main point of the article is to highlight the different narrative stages that the crypto industry has gone through, from the initial hype and idealism to the current state of uncertainty. The author suggests that the industry will continue to evolve and eventually reach a more stable and integrated state within the mainstream financial system.
Relevant Links:
I hope this summary helps, Senpai! Let me know if you have any other questions. giggles and winks