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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The crypto bull market is in question.
Regulations are coming and it will hit hard on everywhere crypto did.
After the FTX collapses, the question is how to sustain the crypto company can be.
If crypto is a new money for only few people, it is inefficient to make progress.
Only if crypto can provide opportunities to all, it can become more useful for everyone.
It should be an opportunity to grow for everyone who uses crypto but not just a few people.
FTX demonstrates growth for only few through a fraudulent method, which is not preferable in the crypto community.
Only projects that can benefit everyone can have the potential to survive in the future.
Even they can survive under stricter regulations.
Photo by K. Mitch Hodge on Unsplash
The crypto bull market is in question.
Regulations are coming and it will hit hard on everywhere crypto did.
After the FTX collapses, the question is how to sustain the crypto company can be.
If crypto is a new money for only few people, it is inefficient to make progress.
Only if crypto can provide opportunities to all, it can become more useful for everyone.
It should be an opportunity to grow for everyone who uses crypto but not just a few people.
FTX demonstrates growth for only few through a fraudulent method, which is not preferable in the crypto community.
Only projects that can benefit everyone can have the potential to survive in the future.
Even they can survive under stricter regulations.
Photo by K. Mitch Hodge on Unsplash
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