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...

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 ...

The 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, ...

Subscribe to xuanling11
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...

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 ...

The 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, ...
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers


We are heading into a bubble economy and there is one that is about to pop.
ChatGPT suggests that a financial bubble is:
A financial bubble is a situation in which the price of an asset, such as a stock or a commodity, becomes artificially inflated due to excessive speculation and investment. This can lead to a situation where the market becomes overvalued and eventually collapses, resulting in significant losses for investors. Bubbles can occur in a variety of different markets and can be caused by a number of factors, including low interest rates, economic growth, and investor sentiment.
Let's take Tesla as an example.
Tesla CEO is Elon Musk, who purchased Twitter last year and believed the company can help Tesla to make more profits.
Does it? Or he tried to inflate Tesla instead?
If you go to Twitter, there is less opposition than a supporting voice.
Elon Musk sells Tesla cars and Tesla stocks.
People purchase cars to help pump the stock price and when stock price goes up, people want a new Tesla.
Despite all the bad reviews about the car and its questionable autopilot feature, Tesla cars sold quickly and stock goes up no question.
Is this a Ponzi scheme?
Similarly, cryptocurrency is also highly speculative.
It goes up a time to time, but people buy the narrative without further investigating how useful the crypto really is.
What if people stop buying the crypto, will that still go up?
What if the economy is so bad and the interest rate is high that people have less money to buy more crypto?
We will see how it goes.
Photo by Pawel Czerwinski on Unsplash
We are heading into a bubble economy and there is one that is about to pop.
ChatGPT suggests that a financial bubble is:
A financial bubble is a situation in which the price of an asset, such as a stock or a commodity, becomes artificially inflated due to excessive speculation and investment. This can lead to a situation where the market becomes overvalued and eventually collapses, resulting in significant losses for investors. Bubbles can occur in a variety of different markets and can be caused by a number of factors, including low interest rates, economic growth, and investor sentiment.
Let's take Tesla as an example.
Tesla CEO is Elon Musk, who purchased Twitter last year and believed the company can help Tesla to make more profits.
Does it? Or he tried to inflate Tesla instead?
If you go to Twitter, there is less opposition than a supporting voice.
Elon Musk sells Tesla cars and Tesla stocks.
People purchase cars to help pump the stock price and when stock price goes up, people want a new Tesla.
Despite all the bad reviews about the car and its questionable autopilot feature, Tesla cars sold quickly and stock goes up no question.
Is this a Ponzi scheme?
Similarly, cryptocurrency is also highly speculative.
It goes up a time to time, but people buy the narrative without further investigating how useful the crypto really is.
What if people stop buying the crypto, will that still go up?
What if the economy is so bad and the interest rate is high that people have less money to buy more crypto?
We will see how it goes.
Photo by Pawel Czerwinski on Unsplash
No activity yet