xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
xuanling11The only way
Technology isn't always directly translate to what we desire it to become. For example, we wish social media to become a place to keep in touch of others but it created another whole new level of distrust and misinformation that spread like a Pandemic. Be careful of your wishes! Like AI we think they can bring up a new level of the game in the creative industry and possibly to replace writers like you and me, but can they? It seems they are very powerful to execute what we want them to, ...
xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
xuanling11The only way
Technology isn't always directly translate to what we desire it to become. For example, we wish social media to become a place to keep in touch of others but it created another whole new level of distrust and misinformation that spread like a Pandemic. Be careful of your wishes! Like AI we think they can bring up a new level of the game in the creative industry and possibly to replace writers like you and me, but can they? It seems they are very powerful to execute what we want them to, ...
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I cannot wait to see how the Crypto Venture Capital firm's policies and procedures after the SEC investigation.
Even the most sophisticated VC firm like Sequoia Capital is falling the same mistake as a rookie investor's mistake without further conducting due diligence.
What makes them to believe FTX and pure their money is a question.
But there is even more questions like what culture those VC firms have and likely buy into the "Trust me, Bro" style of investment for a crypto firm like FTX.
What makes them to think betting on SBF is the best ever?
The package sociopath SBF who pretends to be the white knight in the crypto industry, secretly backstabbing crypto and funds regulations to control crypto.
Sequoia Capital is nothing more than SBF, who burns investors' money away and they believe itself as be overleveraged and mishandling the risk.
Money likely runs within the small cycle of people who know each other and decide to invest each other.
This is how VC firms usually work and until it is not working anymore.
I cannot wait to see how the Crypto Venture Capital firm's policies and procedures after the SEC investigation.
Even the most sophisticated VC firm like Sequoia Capital is falling the same mistake as a rookie investor's mistake without further conducting due diligence.
What makes them to believe FTX and pure their money is a question.
But there is even more questions like what culture those VC firms have and likely buy into the "Trust me, Bro" style of investment for a crypto firm like FTX.
What makes them to think betting on SBF is the best ever?
The package sociopath SBF who pretends to be the white knight in the crypto industry, secretly backstabbing crypto and funds regulations to control crypto.
Sequoia Capital is nothing more than SBF, who burns investors' money away and they believe itself as be overleveraged and mishandling the risk.
Money likely runs within the small cycle of people who know each other and decide to invest each other.
This is how VC firms usually work and until it is not working anymore.
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