Financial services is an industry, and the infrastructure supporting it is owned by the company. It itself is a vertical product and service. Financial services regulation is a gatekeeper that can prevent anyone from providing these products and services. Blockchain makes it horizontal because core financial functions such as settlement, exchange, and credit are now integrated into the Internet. One of the best examples of the impact of horizontal financial services is that Axie Infinity play...

Financial services is an industry, and the infrastructure supporting it is owned by the company. It itself is a vertical product and service. Financial services regulation is a gatekeeper that can prevent anyone from providing these products and services. Blockchain makes it horizontal because core financial functions such as settlement, exchange, and credit are now integrated into the Internet. One of the best examples of the impact of horizontal financial services is that Axie Infinity play...

Financial services platform Evrynet announced that three financial technology veterans have joined its advisory board. Kyber Network CEO and co-founder Loi Lui will plan Evrynet's product development. David Mazieres, co-founder of Stellar Development Foundation (SDF), has contributed to the Evrynet white paper. As a consultant, he will support the Evrynet team with his expertise in distributed ledger systems. Robert Townsend, a professor at MIT and an adviser to the Federal Reserve Bank ...

Financial services platform Evrynet announced that three financial technology veterans have joined its advisory board. Kyber Network CEO and co-founder Loi Lui will plan Evrynet's product development. David Mazieres, co-founder of Stellar Development Foundation (SDF), has contributed to the Evrynet white paper. As a consultant, he will support the Evrynet team with his expertise in distributed ledger systems. Robert Townsend, a professor at MIT and an adviser to the Federal Reserve Bank ...

Entropy, a physics term. Entropy means chaos, disorder, and meaninglessness. Entropy is the natural enemy of all good things. Entropy is the pebble that paves the way to death. Entropy is the strongest force in the universe, and no person or thing can escape its death notice. Beautiful teenagers, millionaires, totalitarian emperors, huge corporations, powerful countries, none of them can escape the curse of entropy. Entropy increases monotonously forever, and nothing can stop or reverse it. V...

Entropy, a physics term. Entropy means chaos, disorder, and meaninglessness. Entropy is the natural enemy of all good things. Entropy is the pebble that paves the way to death. Entropy is the strongest force in the universe, and no person or thing can escape its death notice. Beautiful teenagers, millionaires, totalitarian emperors, huge corporations, powerful countries, none of them can escape the curse of entropy. Entropy increases monotonously forever, and nothing can stop or reverse it. V...

After one cycle, the most conservative estimate is that the average cost of positions established by Bazi Jue in the previous cycle should be around 1/5. Then in the 2018-2020 bear market cycle, stick to the Bazi Jue to open positions, and the worst level should be able to make the holding cost around $10,000. So 50,000 dollars is five times that of 10,000 dollars. It is appropriate to stop casting at this position. The top of the previous cycle was $20,000, and the next cycle would conservat...

After one cycle, the most conservative estimate is that the average cost of positions established by Bazi Jue in the previous cycle should be around 1/5. Then in the 2018-2020 bear market cycle, stick to the Bazi Jue to open positions, and the worst level should be able to make the holding cost around $10,000. So 50,000 dollars is five times that of 10,000 dollars. It is appropriate to stop casting at this position. The top of the previous cycle was $20,000, and the next cycle would conservat...