Crypto 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...
Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...

Stablecoin 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 ...
Crypto 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...
Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...

Stablecoin 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 ...
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Join Robinhood to buy and sell crypto without transaction fees.

I wrote the first part of the crypto business cycle without offering a solution. So here is the second part of the solution.

The market cycle follows the psychology of the market cycle. The crypto market seems to follow the stock market cycle, but I'm afraid I have to disagree.

It follows a doughnut business model 🍩.
The real growth of the crypto ecosystem is not scaling as many projects try to achieve.
Instead, we should focus on sustainable growth.

The cycle of cryptocurrencies has eliminated many coins created in the past decades. Many of the creations failed simply because they only focused on one aspect of the currency - scalability.

Since cryptocurrency is the concept of money, the newer version of cryptocurrency is better and easier to use. Similar to technology advancement, the latest technology invention is always better.
From a toaster that baked bread to a wifi toaster connected online to bake bread through voice control and automatically-collected data to adjust the baking method through machine learning and to achieve custom baking, it all looks pretty advanced technology to serve a better more than a toaster can do.
The problem with the cycle of technology advancement is unsustainable growth that only focuses on growth itself.
They do not focus on the benefits that to generate through those cryptocurrencies.
What are the benefits of using Ethereum instead of using Bitcoin? Besides the blockchain constraint to only allow me to spend on Ethereum to purchase NFTs, I cannot use other cryptocurrencies to purchase the same NFT.
Many cryptocurrencies are constrained within their blockchain and cannot perform cross-chain payments, limiting their usage. Many have been abandoned due to their underutilized, and the market crashed to push users further away.
The potential of cryptocurrency is to embrace the global financial market without being influenced by the traditional market.

Join Robinhood to buy and sell crypto without transaction fees.

I wrote the first part of the crypto business cycle without offering a solution. So here is the second part of the solution.

The market cycle follows the psychology of the market cycle. The crypto market seems to follow the stock market cycle, but I'm afraid I have to disagree.

It follows a doughnut business model 🍩.
The real growth of the crypto ecosystem is not scaling as many projects try to achieve.
Instead, we should focus on sustainable growth.

The cycle of cryptocurrencies has eliminated many coins created in the past decades. Many of the creations failed simply because they only focused on one aspect of the currency - scalability.

Since cryptocurrency is the concept of money, the newer version of cryptocurrency is better and easier to use. Similar to technology advancement, the latest technology invention is always better.
From a toaster that baked bread to a wifi toaster connected online to bake bread through voice control and automatically-collected data to adjust the baking method through machine learning and to achieve custom baking, it all looks pretty advanced technology to serve a better more than a toaster can do.
The problem with the cycle of technology advancement is unsustainable growth that only focuses on growth itself.
They do not focus on the benefits that to generate through those cryptocurrencies.
What are the benefits of using Ethereum instead of using Bitcoin? Besides the blockchain constraint to only allow me to spend on Ethereum to purchase NFTs, I cannot use other cryptocurrencies to purchase the same NFT.
Many cryptocurrencies are constrained within their blockchain and cannot perform cross-chain payments, limiting their usage. Many have been abandoned due to their underutilized, and the market crashed to push users further away.
The potential of cryptocurrency is to embrace the global financial market without being influenced by the traditional market.
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