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...
xuanling11Defi 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. ...
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 ...
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...
xuanling11Defi 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. ...
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 ...
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The ultimate alchemy 🧙🏻 is transmuting base substances into gold - the philosopher's stone.
After thousands of years of research, humans almost found a solution to create gold, but it is too costly to feasible to build one 💰.
Modern alchemy does not seek to create gold anymore. Instead, they are creating value for money 🎰.
In the modern standard, gold is no longer valuable. The most valuable things are the most useless things in the world.
Yacht History Supreme costs $4.5B.
However, the most valuable things are debt.
Why is debt more valuable?
✅ Debt generates cash flow
Weird it sounds, but owning debt of someone generates cash flow.
✅ Debt guarantees incomes
Debt produces incomes, and it will never default.
✅ Everyone encourages to take debts
Nations encourage you to take more debts.
✅ Debt creates recessions
When debt accumulates over the work output, it starts to reduce its value. The recession will come after.
✅ Recession does not discourage debt risks
Even though the recession is coming, the government still promotes more debt.
✅ Nation does not need to pay off debt
Yes, as long as you can have a cash flow, you do not need to pay it off. It applies to the nation only!
The cycle went on and on until cryptocurrencies were invented.
Modern alchemy invents debt.
✅ Cryptocurrencies can reduce debt risk
It breaks the debt loop and pays off debt if possible.
✅ Cryptocurrencies create a new credit cycle
They re-invented the money that does not rely on debt.
Do you want to own debt or cryptocurrencies?
Thinking it too late to buy Bitcoin? How about earning Bitcoin through daily spinning? Try Fold App here and start your Bitcoin earning journey with a free $2 to start!
The ultimate alchemy 🧙🏻 is transmuting base substances into gold - the philosopher's stone.
After thousands of years of research, humans almost found a solution to create gold, but it is too costly to feasible to build one 💰.
Modern alchemy does not seek to create gold anymore. Instead, they are creating value for money 🎰.
In the modern standard, gold is no longer valuable. The most valuable things are the most useless things in the world.
Yacht History Supreme costs $4.5B.
However, the most valuable things are debt.
Why is debt more valuable?
✅ Debt generates cash flow
Weird it sounds, but owning debt of someone generates cash flow.
✅ Debt guarantees incomes
Debt produces incomes, and it will never default.
✅ Everyone encourages to take debts
Nations encourage you to take more debts.
✅ Debt creates recessions
When debt accumulates over the work output, it starts to reduce its value. The recession will come after.
✅ Recession does not discourage debt risks
Even though the recession is coming, the government still promotes more debt.
✅ Nation does not need to pay off debt
Yes, as long as you can have a cash flow, you do not need to pay it off. It applies to the nation only!
The cycle went on and on until cryptocurrencies were invented.
Modern alchemy invents debt.
✅ Cryptocurrencies can reduce debt risk
It breaks the debt loop and pays off debt if possible.
✅ Cryptocurrencies create a new credit cycle
They re-invented the money that does not rely on debt.
Do you want to own debt or cryptocurrencies?
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