Crypto 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...
Defi 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. ...

Stablecoin 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 ...


Crypto 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...
Defi 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. ...

Stablecoin 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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It is more likely the global economy is heading into stagflation. The high inflation will sacrifice the future growth into payment of debts policymakers made in the past due to careless printing of money unstoppable.
https://twitter.com/WallStreetSilv/status/1571537031422935044
Greed is part of the formula for the coming financial crisis.
The downside of the single-point failure in the centralized system is that it will create a catastrophic event that makes the entire system fail.
To prevent such catastrophic events, we need a plan to transit smoothly away from such a single point of failure.
So how do we do it then?
If diversification is the solution to the future's uncertainty, perhaps digital currency is a part of the formula to ease the currency crisis.
Even the central banks hate the idea of reducing their currency domination, digital currency will not challenge the dominance but to create an alternative option for people to choose from.
Digital currency is the apolitical asset that provides a solution without disputing political issues.
Digital currency is a purely economic instrument rather than political leverage for politicians to manipulate.
If the economy blends into politics, there are winners and losers.
If the economy is separate from politics, all participants have space for fairness.
Cryptocurrency can provide an alternative future to resolve a financial crisis that everyone hopes the fiat currency and central banks can resolve.
Support writer here or join Medium here
Photo by Samuel Scrimshaw on Unsplash
It is more likely the global economy is heading into stagflation. The high inflation will sacrifice the future growth into payment of debts policymakers made in the past due to careless printing of money unstoppable.
https://twitter.com/WallStreetSilv/status/1571537031422935044
Greed is part of the formula for the coming financial crisis.
The downside of the single-point failure in the centralized system is that it will create a catastrophic event that makes the entire system fail.
To prevent such catastrophic events, we need a plan to transit smoothly away from such a single point of failure.
So how do we do it then?
If diversification is the solution to the future's uncertainty, perhaps digital currency is a part of the formula to ease the currency crisis.
Even the central banks hate the idea of reducing their currency domination, digital currency will not challenge the dominance but to create an alternative option for people to choose from.
Digital currency is the apolitical asset that provides a solution without disputing political issues.
Digital currency is a purely economic instrument rather than political leverage for politicians to manipulate.
If the economy blends into politics, there are winners and losers.
If the economy is separate from politics, all participants have space for fairness.
Cryptocurrency can provide an alternative future to resolve a financial crisis that everyone hopes the fiat currency and central banks can resolve.
Support writer here or join Medium here
Photo by Samuel Scrimshaw on Unsplash
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