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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Here is the global economic condition. We will face a high inflation environment for a long time until we accept it.
https://twitter.com/xuanling11/status/1558603923484618752
The government has changed. They used to have a way and figure out to resolve the problem. But they can no longer do it because the problem they are facing is what they created before. They probably have no ideas how they can resolve it.
https://twitter.com/ParikPatelCFA/status/1563192245708132353
Luckily, we have cryptocurrencies that can test out their durability during such an uncertain time.
https://twitter.com/LeonidasNFT/status/1563235306102726656
Ethereum Merge is coming soon, and each exchange prepares the hard fork.
A coincidence that Ethereum hard fork is happening when the economy is at a crossroads.
There will have a hard fork to split the chain between Proof of Work and Proof of Stake.
When the chain splits, different hard fork will have their price action and blockchain activities.
Coinbase has a clever move to stabilize its own crypto market by introducing an Ethereum stablecoin: cbETH.
https://twitter.com/CoinbaseAssets/status/1562476695357358080
It can boost the ETH 2.0 within the Coinbase market since, after the Merge, the liquidity of Ethereum may drop due to the stake characteristic that users will reserve more Ethereum rather than spend them.
In contrast, if no one wants to use crypto, then the liquidity of the crypto will slow the upward price movement and brings the total market capital down.
Of course, it is all speculation at this point, and no one will know until the Merge is complete.
If you enjoy reading my articles, buy me a coffee here.
Photo by GuerrillaBuzz Crypto PR on Unsplash
Here is the global economic condition. We will face a high inflation environment for a long time until we accept it.
https://twitter.com/xuanling11/status/1558603923484618752
The government has changed. They used to have a way and figure out to resolve the problem. But they can no longer do it because the problem they are facing is what they created before. They probably have no ideas how they can resolve it.
https://twitter.com/ParikPatelCFA/status/1563192245708132353
Luckily, we have cryptocurrencies that can test out their durability during such an uncertain time.
https://twitter.com/LeonidasNFT/status/1563235306102726656
Ethereum Merge is coming soon, and each exchange prepares the hard fork.
A coincidence that Ethereum hard fork is happening when the economy is at a crossroads.
There will have a hard fork to split the chain between Proof of Work and Proof of Stake.
When the chain splits, different hard fork will have their price action and blockchain activities.
Coinbase has a clever move to stabilize its own crypto market by introducing an Ethereum stablecoin: cbETH.
https://twitter.com/CoinbaseAssets/status/1562476695357358080
It can boost the ETH 2.0 within the Coinbase market since, after the Merge, the liquidity of Ethereum may drop due to the stake characteristic that users will reserve more Ethereum rather than spend them.
In contrast, if no one wants to use crypto, then the liquidity of the crypto will slow the upward price movement and brings the total market capital down.
Of course, it is all speculation at this point, and no one will know until the Merge is complete.
If you enjoy reading my articles, buy me a coffee here.
Photo by GuerrillaBuzz Crypto PR on Unsplash
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