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...
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 ...
xuanling11The 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, ...
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...
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 ...
xuanling11The 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, ...
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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 of the crypto.
We should do more than just wealth.
How crypto offers opportunities to earn or a place to make a better life is another area worth exploring.
There is an earlier form of decentralized firms through the lens of DAOs in 2021.
Any people tried to earn through DAOs and to create fun projects through their own.
I think this trend will continue.
It does not mean creating a similar job system as we had but we will have a new era of the job market that is completely different apart from the past.
It can offer new opportunities to everyone to earn!
I think Crypto should position itself to have more vision about the future.
Photo by Benjamin Davies on Unsplash
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 of the crypto.
We should do more than just wealth.
How crypto offers opportunities to earn or a place to make a better life is another area worth exploring.
There is an earlier form of decentralized firms through the lens of DAOs in 2021.
Any people tried to earn through DAOs and to create fun projects through their own.
I think this trend will continue.
It does not mean creating a similar job system as we had but we will have a new era of the job market that is completely different apart from the past.
It can offer new opportunities to everyone to earn!
I think Crypto should position itself to have more vision about the future.
Photo by Benjamin Davies on Unsplash
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