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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First, why should you read my opinion? You shouldn't. And I share my opinion so it may make you reconsider the future. But it does not overwrite your own opinion about how the future will become.
How to bring the inflation down?
It is a trillion-dollar question now!
https://twitter.com/charliebilello/status/1569714576756805639
The government will likely try to tackle the problem by changing the definition of inflation in the coming years.
Just similar to the definition of the recession that the government has changed, the inflation definition will change in the future, and politicians will call it a successful effort to accomplish another challenge.
How can an individual survive in the "new normal" high inflation future despite achieving a political deal?
The only inflation hedge is currency, even though inflation will erode the currency's value. Anything that financially engineered assets are less likely to be effective in the long term.
Anything that is a necessity is a deflation hedge: food, water, or others that are required to survive are deflation hedges. No mention the skill you learned and acquired can help you also.
Investment in stagflation will not work as effectively anymore. So rather than investing, try to build up your knowledge and skills to prepare for the uncertain future.
Cryptocurrency is a speculative asset. However, they may hedge against any circumstances because builders participate in building the future. The key for the blockchain community is to continue working and seeking alternative solutions.
No one can predict the future and all options are not financial advice. However, you can find a way to approach the uncertain future and not just an only way to see how the future will become.
Photo by Xavi Cabrera on Unsplash
First, why should you read my opinion? You shouldn't. And I share my opinion so it may make you reconsider the future. But it does not overwrite your own opinion about how the future will become.
How to bring the inflation down?
It is a trillion-dollar question now!
https://twitter.com/charliebilello/status/1569714576756805639
The government will likely try to tackle the problem by changing the definition of inflation in the coming years.
Just similar to the definition of the recession that the government has changed, the inflation definition will change in the future, and politicians will call it a successful effort to accomplish another challenge.
How can an individual survive in the "new normal" high inflation future despite achieving a political deal?
The only inflation hedge is currency, even though inflation will erode the currency's value. Anything that financially engineered assets are less likely to be effective in the long term.
Anything that is a necessity is a deflation hedge: food, water, or others that are required to survive are deflation hedges. No mention the skill you learned and acquired can help you also.
Investment in stagflation will not work as effectively anymore. So rather than investing, try to build up your knowledge and skills to prepare for the uncertain future.
Cryptocurrency is a speculative asset. However, they may hedge against any circumstances because builders participate in building the future. The key for the blockchain community is to continue working and seeking alternative solutions.
No one can predict the future and all options are not financial advice. However, you can find a way to approach the uncertain future and not just an only way to see how the future will become.
Photo by Xavi Cabrera on Unsplash
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