Is Black Hat Meta basically dead… or are people just gatekeeping?

The BH Meta isn't completely dead, it's just much harder than before, and most truly effective strategies are kept secret within small groups. From the outside, it easily gives the impression that everything is dead, while in reality, people are still making money but don't share their strategies publicly.

Now it's more like trading than ads — those with a system (clean assembly, warm-up, stable funnel, fast failover) will still make money, but those who run random tests and burn accounts will only feed Meta ads.