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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Yes, Metaverse is dying along with NFTs, and both liquidities are drying up.
https://twitter.com/CoinDesk/status/1579505063155769347
There are only 38 active users in Decentraland and 522 in Sandbox.
So why is their valuation near billion dollars ($1.3B for each)?
https://twitter.com/LilMoonLambo/status/1579589996411260930
The short answer is there has little incentive for Metaverse that users are likely to choose in the future. If anything can be done in the physical world, why are you doing it twice in the physical and virtual worlds?
https://twitter.com/yo/status/1579516731282059270
Like virtual land, you cannot live there but shill your NFTs. But you can live in the house physically with a big screen to displace your JEPG.
https://twitter.com/AndyFidel\_/status/1578727763535884288
There is not any significance in owning NFTs. Because all utilities are faking them up, there is no real usage besides the duplication of the existing utilities.
https://twitter.com/CryptoSportsIO/status/1578732442138996736
Show off?! There is no real usage but a digital copy of the physical goods.
When it comes to national currency financial institutions, the primary driver of the future of the banking system is “the need to ensure the proper functioning of our financial system,” according to a recent report. “The growing importance of financial services in the economy and the fundamental importance of financial regulation makes it essential to strengthen regulatory oversight of the financial sector.”
https://twitter.com/100xClubNFT/status/1578791858570158080
This is what you want to achieve.
https://twitter.com/DeepBlueCrypto/status/1579630761103458304
This is the reality.
https://twitter.com/BMAssholesNFT/status/1578483734927450112
Well, NFTs maybe an amazing invention, but it is useless when the market is crashing and worthless eventually.
Support writer here or join Medium here
Photo by Wolfgang Hasselmann on Unsplash
Yes, Metaverse is dying along with NFTs, and both liquidities are drying up.
https://twitter.com/CoinDesk/status/1579505063155769347
There are only 38 active users in Decentraland and 522 in Sandbox.
So why is their valuation near billion dollars ($1.3B for each)?
https://twitter.com/LilMoonLambo/status/1579589996411260930
The short answer is there has little incentive for Metaverse that users are likely to choose in the future. If anything can be done in the physical world, why are you doing it twice in the physical and virtual worlds?
https://twitter.com/yo/status/1579516731282059270
Like virtual land, you cannot live there but shill your NFTs. But you can live in the house physically with a big screen to displace your JEPG.
https://twitter.com/AndyFidel\_/status/1578727763535884288
There is not any significance in owning NFTs. Because all utilities are faking them up, there is no real usage besides the duplication of the existing utilities.
https://twitter.com/CryptoSportsIO/status/1578732442138996736
Show off?! There is no real usage but a digital copy of the physical goods.
When it comes to national currency financial institutions, the primary driver of the future of the banking system is “the need to ensure the proper functioning of our financial system,” according to a recent report. “The growing importance of financial services in the economy and the fundamental importance of financial regulation makes it essential to strengthen regulatory oversight of the financial sector.”
https://twitter.com/100xClubNFT/status/1578791858570158080
This is what you want to achieve.
https://twitter.com/DeepBlueCrypto/status/1579630761103458304
This is the reality.
https://twitter.com/BMAssholesNFT/status/1578483734927450112
Well, NFTs maybe an amazing invention, but it is useless when the market is crashing and worthless eventually.
Support writer here or join Medium here
Photo by Wolfgang Hasselmann on Unsplash
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