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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Is Web3 a scam 🤥?
Yes and no. It depends on how you view it 😶🌫️.
🤨 Don't believe it? Let's see Dogecoin instead.
Is Dogecoin a scam coin or not 🧙♂️?
One of the Dogecoin founder Jackson Palmer said the Dogecoin he was created is indeed a scam!
He argues a new narrative in the cryptocurrency every two or three years.
Oh, but you know who kept changing the narrative too? Apple's iPhone!
From fitting into your pawn size design to becoming as big as you can hold as a magical device to connect to the world, iPhone evolved from a small size into a bigger screen, small computer.
I guess the technology kept changing the narrative as well.
Also, many influential people pump crypto and help to market them up.
Elon has had a big impact, especially on the Dogecoin market and making people believe that it is something, which I obviously don't agree with. But it's not just Elon, I think it is also various large names like Marc Andreessen, Mark Cuban, and several other big names in investment that are heavily on the crypto train and probably carry just as much, if not more, influence than Elon Musk.
In the end, it is a marketing effort to inflate the crypto. As a result, its utility does not reflect its true value.
How about Web3 then?
Probably another marketing effort to promote useless crypto into the moon.
🤨 Who needs to use a wallet when the banks charge your fees to store your money and get little or no interest rates
🤨 Who needs Discord when Messenger collects your data whenever possible without your notice
🤨 Who needs to create content while YouTube makes billions of dollars and pay you only a little while banning your account if you dare to complain
🤨 Who needs Brave browser while Chrome steals your private data and sell the third party to gain profits that you will never need to find out
🤨 Who needs your data ownership while companies automatically own everything you share online
🤨 Who needs files storage online while your files are not needed at the moment when you really need them
🤨 Who needs to use a crypto payment system when electronic payment companies charge your fees whenever they can
🤨 Who needs to have your own gaming data when the company already owns data and sells for profits
The list can go on, and on that, you need no Web3.
So why do we need Web3? It is just a scam 🏴☠️!
Did you know you can earn crypto through Honeygain now? Jumptask has partnered with Honeygain to boost your passive income! You can earn more than a 50% bonus through crypto! Check out here for the announcement and join here to earn your $5!
Is Web3 a scam 🤥?
Yes and no. It depends on how you view it 😶🌫️.
🤨 Don't believe it? Let's see Dogecoin instead.
Is Dogecoin a scam coin or not 🧙♂️?
One of the Dogecoin founder Jackson Palmer said the Dogecoin he was created is indeed a scam!
He argues a new narrative in the cryptocurrency every two or three years.
Oh, but you know who kept changing the narrative too? Apple's iPhone!
From fitting into your pawn size design to becoming as big as you can hold as a magical device to connect to the world, iPhone evolved from a small size into a bigger screen, small computer.
I guess the technology kept changing the narrative as well.
Also, many influential people pump crypto and help to market them up.
Elon has had a big impact, especially on the Dogecoin market and making people believe that it is something, which I obviously don't agree with. But it's not just Elon, I think it is also various large names like Marc Andreessen, Mark Cuban, and several other big names in investment that are heavily on the crypto train and probably carry just as much, if not more, influence than Elon Musk.
In the end, it is a marketing effort to inflate the crypto. As a result, its utility does not reflect its true value.
How about Web3 then?
Probably another marketing effort to promote useless crypto into the moon.
🤨 Who needs to use a wallet when the banks charge your fees to store your money and get little or no interest rates
🤨 Who needs Discord when Messenger collects your data whenever possible without your notice
🤨 Who needs to create content while YouTube makes billions of dollars and pay you only a little while banning your account if you dare to complain
🤨 Who needs Brave browser while Chrome steals your private data and sell the third party to gain profits that you will never need to find out
🤨 Who needs your data ownership while companies automatically own everything you share online
🤨 Who needs files storage online while your files are not needed at the moment when you really need them
🤨 Who needs to use a crypto payment system when electronic payment companies charge your fees whenever they can
🤨 Who needs to have your own gaming data when the company already owns data and sells for profits
The list can go on, and on that, you need no Web3.
So why do we need Web3? It is just a scam 🏴☠️!
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