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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Dogecoin has been out of the top 10 crypto ranking and replaced by Luna. The dogecoin has lost its meme status to its rival Shiba token in the recent market race and it continues losing steam.
Here is 1 min summary of the article if you want to skip the reading.
Doge Was the King of Meme
The creation of Dogecoin was a joke. The creator did not even believe in cryptocurrency when he created Dogecoin. Such culture was carried until the coin hit the peak of its valuation, then suddenly, many rivals came out and beat it up badly.
Elon the Doge Father
Elon Musk is a big fan of Dogecoin. He believes that Doge is more a payment coin and he integrated it into his payment system. Even he constantly supported Dogecoin, he did not successfully help Dogecoin to complete its $1 mission.
Web3 Is A Scam
The cryptocurrency community is focusing on Web3 development. Suddenly, Elon Musk stated Web3 is a bs and push the idea away. Dogecoin then went away with Elon Musk to refuse Web3 future. There is nothing going on in Dogecoin development rather than continuing a meme. The community suddenly die out from the Shiba token aggressively meme campaign and was silent.
Where the Doge is Heading
Dogecoin continues its meme but it does not have a strategical plan of the future to adopt and to improve its blockchain. If Doge wants to become a payment system, it should work on a payment app or build an infrastructure to support the payment system. If Doge wants to work with Ethereum to build a layer structure, it should already work on partnership and come up with potential products. Yet, Dogecoin is quiet.
Doge Got Great Community But Lossing it Direction
Meme coin cannot continue meme for life or it will die out from its meme. The problem with Dogecoin is few dominate with large holding and many are holding small fractions of coins just for a meme. There are no driven forces to innovate and make a coin to become a better technology-driven blockchain.
Can’t Teach Old Dog A New Trick
What Dogecoin does not want is to become an old dog. However, it seems unavoidable in the short term. Doge is quiet and nothing happening with its blockchain.
In conclusion
A meme coin can die in a meme if that is what it can only do. Evolving is needed to take a chance. What is Doge waiting for?
Dogecoin has been out of the top 10 crypto ranking and replaced by Luna. The dogecoin has lost its meme status to its rival Shiba token in the recent market race and it continues losing steam.
Here is 1 min summary of the article if you want to skip the reading.
Doge Was the King of Meme
The creation of Dogecoin was a joke. The creator did not even believe in cryptocurrency when he created Dogecoin. Such culture was carried until the coin hit the peak of its valuation, then suddenly, many rivals came out and beat it up badly.
Elon the Doge Father
Elon Musk is a big fan of Dogecoin. He believes that Doge is more a payment coin and he integrated it into his payment system. Even he constantly supported Dogecoin, he did not successfully help Dogecoin to complete its $1 mission.
Web3 Is A Scam
The cryptocurrency community is focusing on Web3 development. Suddenly, Elon Musk stated Web3 is a bs and push the idea away. Dogecoin then went away with Elon Musk to refuse Web3 future. There is nothing going on in Dogecoin development rather than continuing a meme. The community suddenly die out from the Shiba token aggressively meme campaign and was silent.
Where the Doge is Heading
Dogecoin continues its meme but it does not have a strategical plan of the future to adopt and to improve its blockchain. If Doge wants to become a payment system, it should work on a payment app or build an infrastructure to support the payment system. If Doge wants to work with Ethereum to build a layer structure, it should already work on partnership and come up with potential products. Yet, Dogecoin is quiet.
Doge Got Great Community But Lossing it Direction
Meme coin cannot continue meme for life or it will die out from its meme. The problem with Dogecoin is few dominate with large holding and many are holding small fractions of coins just for a meme. There are no driven forces to innovate and make a coin to become a better technology-driven blockchain.
Can’t Teach Old Dog A New Trick
What Dogecoin does not want is to become an old dog. However, it seems unavoidable in the short term. Doge is quiet and nothing happening with its blockchain.
In conclusion
A meme coin can die in a meme if that is what it can only do. Evolving is needed to take a chance. What is Doge waiting for?
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