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The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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Let me rant something real quick.
The following crypto companies were at one point collectively worth half a Trillion Dollars:
Terra/Luna
3AC
Voyager
Celsius
FTX
Genesis
Valuation meant money; money meant people had lots of faith in the system.
Then the collapse of Luna triggered a chain reaction and everyone else melted down like ice cubes on a hot pan.
This was a cleanse.
A detox diet.
To flush out all the bad actors and impurities clogging the system.
When the bull market was in full swing, everyone was happy making money.
Nefarious players realised they could prey on the weak and capitalize on our greediness easily.
We wanted to believe that making money was that simple and easy in crypto land.
There was no transparency, and no one bothered to ask for clarity.
In a way, we fed the predators and allowed them to grow stronger.
Lack of transparency is killing web3.
Everyone was ultimately so deeply dependent on each other.
It was like building an entire luxury condo unit on top of bamboo sticks.
Everything is NOT fine when trust is broken and people are just defrauding investors and clients.
UX is still difficult and complicated for the average user.
Seriously, how can it be still so complicated and challenging to onboard newbies to crypto?
Crypto has always been known for being the wild west.
There are no clear laws and no rules.
Cult of personality is everything.
You either agree with the narrative or get cancelled.
We lionised SBF, idolised Do Kwon, loved Su Zhu and then got our adulation and respected viciously destroyed by them.
Ego speaks louder than anything else and we loved it.
We have to stop listening everything the top leaders in crypto say and treat them like royalty.
Greed and vanity fueled everything.
There are no exceptions.
Even the biggest crypto firms and hedge funds are chasing profits and trying to make all the money they can.
Big money chasing bigger money.
3AC and Alameda Research/FTX all got too greedy chasing for profits and made ridiculously risky bets that would make Bernie Madoff look like a kid.
It’s scary now that we know all these after peeling back the layers.
But web3 will prevail.
It will adapt, react and overcome.
I just hope that we, as in humanity, can do the same too.
-
Will crypto get better in 2023?
-
#startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #eth #btc #crypto #lunacrash #cryptocrash #clowns #NFT #explosion #sbf #ftx #defi
Let me rant something real quick.
The following crypto companies were at one point collectively worth half a Trillion Dollars:
Terra/Luna
3AC
Voyager
Celsius
FTX
Genesis
Valuation meant money; money meant people had lots of faith in the system.
Then the collapse of Luna triggered a chain reaction and everyone else melted down like ice cubes on a hot pan.
This was a cleanse.
A detox diet.
To flush out all the bad actors and impurities clogging the system.
When the bull market was in full swing, everyone was happy making money.
Nefarious players realised they could prey on the weak and capitalize on our greediness easily.
We wanted to believe that making money was that simple and easy in crypto land.
There was no transparency, and no one bothered to ask for clarity.
In a way, we fed the predators and allowed them to grow stronger.
Lack of transparency is killing web3.
Everyone was ultimately so deeply dependent on each other.
It was like building an entire luxury condo unit on top of bamboo sticks.
Everything is NOT fine when trust is broken and people are just defrauding investors and clients.
UX is still difficult and complicated for the average user.
Seriously, how can it be still so complicated and challenging to onboard newbies to crypto?
Crypto has always been known for being the wild west.
There are no clear laws and no rules.
Cult of personality is everything.
You either agree with the narrative or get cancelled.
We lionised SBF, idolised Do Kwon, loved Su Zhu and then got our adulation and respected viciously destroyed by them.
Ego speaks louder than anything else and we loved it.
We have to stop listening everything the top leaders in crypto say and treat them like royalty.
Greed and vanity fueled everything.
There are no exceptions.
Even the biggest crypto firms and hedge funds are chasing profits and trying to make all the money they can.
Big money chasing bigger money.
3AC and Alameda Research/FTX all got too greedy chasing for profits and made ridiculously risky bets that would make Bernie Madoff look like a kid.
It’s scary now that we know all these after peeling back the layers.
But web3 will prevail.
It will adapt, react and overcome.
I just hope that we, as in humanity, can do the same too.
-
Will crypto get better in 2023?
-
#startups #business #startupx #growth #success #socialmedia #culture #entrepreneurship #strategy #eth #btc #crypto #lunacrash #cryptocrash #clowns #NFT #explosion #sbf #ftx #defi
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