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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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You can still get a rugged pull.
NFT has never stopped the trick.
Why will you still possibly get rugged?
The problem is not about how valuable NFT can be but how eager you want to buy a million dollar will be NFT collections.
What makes NFT so valuable is a million dollar question and yet you want to find out and to put your money into the pot.
The chance is that you will have a slice possibility to get worthy NFTs.
So what makes you to spend your money on the NFTs?
You do not know, but you continue buying NFTs to hope it will go up one day.
But the one day may not come anytime soon.
That is about the mentality you want to own an NFT.
Photo by Jamie Haughton on Unsplash
You can still get a rugged pull.
NFT has never stopped the trick.
Why will you still possibly get rugged?
The problem is not about how valuable NFT can be but how eager you want to buy a million dollar will be NFT collections.
What makes NFT so valuable is a million dollar question and yet you want to find out and to put your money into the pot.
The chance is that you will have a slice possibility to get worthy NFTs.
So what makes you to spend your money on the NFTs?
You do not know, but you continue buying NFTs to hope it will go up one day.
But the one day may not come anytime soon.
That is about the mentality you want to own an NFT.
Photo by Jamie Haughton on Unsplash