The economy is going nowhere because of the competitive environment. Increasing competition will make the economy more intense and grow slowly as a result. Crypto will experience the same environment. It is a pressure cooker environment. The pressure comes from everywhere. If crypto cannot evolve, it will become obsolete. The expectation of the crypto will become more and more. Since AI is a trending topic, crypto will likely have to jump on the ship. Whether AI will work or not, crypto proje...

The economy is going nowhere because of the competitive environment. Increasing competition will make the economy more intense and grow slowly as a result. Crypto will experience the same environment. It is a pressure cooker environment. The pressure comes from everywhere. If crypto cannot evolve, it will become obsolete. The expectation of the crypto will become more and more. Since AI is a trending topic, crypto will likely have to jump on the ship. Whether AI will work or not, crypto proje...

Money comes and goes. Famed comes and goes. Many people think crypto is like money that comes and goes. That is true, except crypto is not following traditional finance. In traditional finance, authority makes trust. People follow authority because they believe they are trustable. No, until such trust has been breached and people reaccess the trust through influence. Crypto creates its value through influence but not authority. The more influence crypto has, the higher the price of crypto wil...

Money comes and goes. Famed comes and goes. Many people think crypto is like money that comes and goes. That is true, except crypto is not following traditional finance. In traditional finance, authority makes trust. People follow authority because they believe they are trustable. No, until such trust has been breached and people reaccess the trust through influence. Crypto creates its value through influence but not authority. The more influence crypto has, the higher the price of crypto wil...

The SEC is focusing on the stablecoin, but why the government aims to prevent the future? People only see the SEC is an enemy of crypto but do you think crypto is always the right way? After the FTX, crypto has changed. It becomes a self-delusion to want to get into its own mind. If you really research Paxos, you will find something very strange. Paxos is an issuer for BUSD, a stablecoin that linked to Binance, one of the largest crypto exchanges. Issuer of stablecoin needs crypto exchange to...

The SEC is focusing on the stablecoin, but why the government aims to prevent the future? People only see the SEC is an enemy of crypto but do you think crypto is always the right way? After the FTX, crypto has changed. It becomes a self-delusion to want to get into its own mind. If you really research Paxos, you will find something very strange. Paxos is an issuer for BUSD, a stablecoin that linked to Binance, one of the largest crypto exchanges. Issuer of stablecoin needs crypto exchange to...

The stock market has two parts: macro and micro. Macro is about the Fed and its interest rates. But, it is forward-looking that will impact the future. When interest changes, it impacts the market. Decreasing interest rates mean the economy wants to expand and grow. Conversely, increasing interest rates mean the economy seeks to contrast and slow. Micro is about each company's performance. Therefore, it is backward-looking to summarize past performance. When a company performs less than ...

The stock market has two parts: macro and micro. Macro is about the Fed and its interest rates. But, it is forward-looking that will impact the future. When interest changes, it impacts the market. Decreasing interest rates mean the economy wants to expand and grow. Conversely, increasing interest rates mean the economy seeks to contrast and slow. Micro is about each company's performance. Therefore, it is backward-looking to summarize past performance. When a company performs less than ...

How to make crypto growth? Adding an AI feature is not a growth mindset because AI is in its own hype. AI can only perform repetitive work but no creative work. AI cannot create new ideas but borrow old ideas to reinvent into other existing idea. They only make existing ideas better. Crypto is also improving existing ideas rather than creating new ones. All crypto did is to replace the bank but itself will become another bank that only can perform a bit better. I think people want more than j...

How to make crypto growth? Adding an AI feature is not a growth mindset because AI is in its own hype. AI can only perform repetitive work but no creative work. AI cannot create new ideas but borrow old ideas to reinvent into other existing idea. They only make existing ideas better. Crypto is also improving existing ideas rather than creating new ones. All crypto did is to replace the bank but itself will become another bank that only can perform a bit better. I think people want more than j...

Crypto is serious stuff. It will replace the current financial system. This is too serious stuff. If you don't jump on the train, you will miss it. Crypto is always serious. Why is that so? It is part of the blockchain technology, and technology is serious. There is no way technology is not serious because it is the future. You have to follow the technology trend or you will be replaced by it. Everything is serious, live or die. Does it? If people do not want crypto, they will be left be...

Crypto is serious stuff. It will replace the current financial system. This is too serious stuff. If you don't jump on the train, you will miss it. Crypto is always serious. Why is that so? It is part of the blockchain technology, and technology is serious. There is no way technology is not serious because it is the future. You have to follow the technology trend or you will be replaced by it. Everything is serious, live or die. Does it? If people do not want crypto, they will be left be...

Crypto needs to rethink its position in the future, especially when we are heading into a high inflation, high-interest rate, and high unemployment economy. There is not any monetary but commodity that survives in the past of human history. Gold is a form of money that kept its value when fiat currency devaluates a lot. Now, crypto comes to compete with gold and see how it will play its role to help people to preserve their wealth. However, only to preserve wealth may not be a whole picture o...

Crypto needs to rethink its position in the future, especially when we are heading into a high inflation, high-interest rate, and high unemployment economy. There is not any monetary but commodity that survives in the past of human history. Gold is a form of money that kept its value when fiat currency devaluates a lot. Now, crypto comes to compete with gold and see how it will play its role to help people to preserve their wealth. However, only to preserve wealth may not be a whole picture o...

The government has always tried to regulate crypto. They wanted the bear market to tank the crypto and it did. But the bear did not feel strong enough to bring it all down. Now, the government is concerned about crypto and how it will impact its money in the future. Regulating crypto us tricky because the crypto has some useful features that the current monetary system can adopt, such as fast transactions and automation in the blockchain. However, there are some features such as privacy issue...

The government has always tried to regulate crypto. They wanted the bear market to tank the crypto and it did. But the bear did not feel strong enough to bring it all down. Now, the government is concerned about crypto and how it will impact its money in the future. Regulating crypto us tricky because the crypto has some useful features that the current monetary system can adopt, such as fast transactions and automation in the blockchain. However, there are some features such as privacy issue...

Crypto staking is one of the consensus called Proof of Stake. It is a way to reward workers from consensus to contribute power to support the ecosystem. However, the SEC just fined Crypto exchange Kraken of their staking services. Why SEC did it? There is a misconception about yield and staking in the crypto exchange. Because there is no way users know how the crypto exchange operates, those services can have a mix of yield and staking together but only give a rewarding result. Yield is a cry...

Crypto staking is one of the consensus called Proof of Stake. It is a way to reward workers from consensus to contribute power to support the ecosystem. However, the SEC just fined Crypto exchange Kraken of their staking services. Why SEC did it? There is a misconception about yield and staking in the crypto exchange. Because there is no way users know how the crypto exchange operates, those services can have a mix of yield and staking together but only give a rewarding result. Yield is a cry...

Is crypto about money? I think crypto is about humanity. There is a human part inside of the crypto that can offer to help everyone. It should put human life ahead rather than greed. Crypto donation is one example that can help the world and improve society. So why not use crypto to help society? Don't get caught up on over night rich schemes. It will not make you happier. Helping others can help you become happier, and it is easier to achieve. So why not start your crypto from helping o...

Is crypto about money? I think crypto is about humanity. There is a human part inside of the crypto that can offer to help everyone. It should put human life ahead rather than greed. Crypto donation is one example that can help the world and improve society. So why not use crypto to help society? Don't get caught up on over night rich schemes. It will not make you happier. Helping others can help you become happier, and it is easier to achieve. So why not start your crypto from helping o...

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, ...

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, ...

The market is celebrating the 25 base point hike from the Fed. The party may continue but the interest rate is getting higher and higher. Why is the interest rate so important? The ChatGPT explained: Interest rate is important because it affects the cost of borrowing money, the return on investments, and the overall economy. A change in interest rate can influence consumer spending and investment decisions, inflation, exchange rates, and unemployment. Higher interest rates tend to slow down e...

The market is celebrating the 25 base point hike from the Fed. The party may continue but the interest rate is getting higher and higher. Why is the interest rate so important? The ChatGPT explained: Interest rate is important because it affects the cost of borrowing money, the return on investments, and the overall economy. A change in interest rate can influence consumer spending and investment decisions, inflation, exchange rates, and unemployment. Higher interest rates tend to slow down e...