The central bank is overrated. We empowered the central bank, and they believed they could save the economy. They cannot. They fulfill their own wishes and attract market movement. But at the end of the day, their impact on the economy is minimal, limited to banking and certain financial systems. The economy is not about banking only, the activities are very with a large range from small businesses, import & export and much more. Don't fool with central banks and their faulty mission to ...

Justin Sun, the Tron founder is in trouble. The SEC charges him and his company with securities violations. https://twitter.com/tier10k/status/1638626384355401737 This guy is playing everyone like a puppy and supporting this and doing that to help but he just pocketing tons of money from victims. Is this money laundry in some sense? I think so! https://twitter.com/Tree_of_Alpha/status/1637481946027552768 One example is during the crash of FTX, he supports victims through his Tron blockchain t...

Bank has a dilemma. The system becomes two tiers, one that constantly got bailed out by the government and one that constantly got rekt. One is risky free and another is risk all in. Similarly, Crypto is on the risk side which is risk all in because the reward you have can become higher. Unfortunately, traditional banking with risk all in, there is no incentive but wait until got rekt. There are 186 banks are risky to default in the coming months. That is why crypto is getting pumped. Instead...

There is no way to head back. The Fed increases interest rates in no time while banks are under-stressed and go bankrupt one by one. There is no way to hide from the financial crisis. Even though Bitcoin works out in the short term, the long term is still looming. We see how Circle dodge the bullet on the banking crisis and they are not immune from the financial crisis. Similarly, Bitcoin will not be immune as well. WE ARE SLOWLY HEADING INTO THE DOOMSDAY. However, the government will once ag...

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 ...

Crypto used to be cool, now it is a dog show... Besides the meme coin dog show such as Dogecoin, Shiba, Floki and many other dog-related image coins, many are not functioning as what the coin is supposed to be. People judges crypto on how popular they are. That is all. No more than trying to understand how the blockchain works and what makes the crypto unique than others. Rather, people looks how fast they can turn around their profits overnight. If you are looking to hold one day and dump th...

YES, You heard it… The best way of getting rid of the crypto companies is to let them sue each other. Crypto companies are profitable because they draw investments fast. However, the more money you get, you will likely face lawsuits. And that is how crypto companies die… They sue each other to squeeze the cash out from competitors who used to be a partner. This is how FTX survive guide if they can successfully sue DCG for their claim of money losses. Gemini sues DCG for their money losses. An...

Doge father Elon Musk is done with the Dogecoin. He stated “I used to be in crypto, but now I got interested in AI". Of course, he did not say he dislikes crypto, but he is likely shifting his interest into AI. Does that mean the crypto is end? No. But the hype of the crypto has officially ended. This is good for the crypto because now projects can focus solely in crypto. AI will become another hype. Hype is dangerous. It makes you blind on the judgment of whether such technology can function...

After the FTX collapsed, we learned that crypto exchange is not your crypto bank. Now, the SEC wants to make sure regulations to stop crypto exchanges from becoming a custodian. The custodian is the service provider to take care of your money. Banks are the custodian of your cash. Crypto exchange is not the custodian of your crypto. They have no any obligation to help you to preserve your crypto. They only facilitated the crypto purchase and charged services from each transaction. I think man...

One of the biggest credit card companies VISA quietly walks away from the crypto. It seems crypto does not increase users that much and the cost of maintaining crypto exceeds their expectations. So called, the mainstream adoption is not working. It is clear that the mainstream wants profits that crypto can provide. Unfortunately, quick money does not come from crypto. It does not mean crypto has no potential. It only means crypto is not working for the mainstream. Those companies have been do...

Metaverse is a great idea, except the virtual world duplicates the real world. In 2021, people thought Metaverse was a revolution until they realized it was just another reality uploaded in the internet. What makes Metaverse awesome is not something that is duplicated from reality. It should have its own characteristics. Of course, people draw into the Metaverse to think it offers a get-rich-quick scheme. Nothing more revolution and exciting than making tons of money overnight. Does Metaverse...

Crypto wants to change the culture but how the culture of change can help many people out of their miserable job? Job culture has deteriorated because of the vicious cycle of competition. Crypto has been the same route of the vicious cycle. How the narrative of crypto can create a new type of job in the future is the question. The competition itself is not bad. But when competition becomes vicious, the limited resource can only provide a certain range of people they work for. Your input is ex...