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 ...
Subscribe to xuanling11
Subscribe to xuanling11
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers
Are you frustrated with unknown market conditions that brought down your profits? Come to learn about investment here with a 50% off discount.
When you join Finimize, you become part of something much bigger: a community of one million like-minded people from all over the world, helping each other achieve their financial dreams.
Inflation is high, and the market is low, especially the crypto market 📉.
Does that mean Bitcoin was wrong about its inflation hedge characteristic 🤔?
The answer is: NO! 🤯
Here is why 😉:
Inflation is too much money to chase too few goods. However, the energy cost is very high too.
We are partly to blame because we are too lazy to shift traditional energy sources to alternative energy sources.
Similarly, we rely too much on one man to predict the future (Warren Buffett) rather than creating our future.
“If you ... owned all of the bitcoin in the world and you offered it to me for $25, I wouldn’t take it,” Buffett said. “Because what would I do with it? I’ll have to sell it back to you one way or another. It isn’t going to do anything.”
He would not endorse Bitcoin because he is successful in the current financial system. So why would he shoot his foot and bad-mouth the currency system?
Same as Elon, promoting spending more money than saving more.
As ordinary people, we do not be influenced by both extreme cases 😲.
To beat inflation, the key is to become a niche in something you are good at.
Bitcoin is the blue-chip of crypto due to its niche in the proof of work.
Also, keep learning and educating yourself to prepare for the future.
👋 Follow me here
Are you frustrated with unknown market conditions that brought down your profits? Come to learn about investment here with a 50% off discount.
When you join Finimize, you become part of something much bigger: a community of one million like-minded people from all over the world, helping each other achieve their financial dreams.
Inflation is high, and the market is low, especially the crypto market 📉.
Does that mean Bitcoin was wrong about its inflation hedge characteristic 🤔?
The answer is: NO! 🤯
Here is why 😉:
Inflation is too much money to chase too few goods. However, the energy cost is very high too.
We are partly to blame because we are too lazy to shift traditional energy sources to alternative energy sources.
Similarly, we rely too much on one man to predict the future (Warren Buffett) rather than creating our future.
“If you ... owned all of the bitcoin in the world and you offered it to me for $25, I wouldn’t take it,” Buffett said. “Because what would I do with it? I’ll have to sell it back to you one way or another. It isn’t going to do anything.”
He would not endorse Bitcoin because he is successful in the current financial system. So why would he shoot his foot and bad-mouth the currency system?
Same as Elon, promoting spending more money than saving more.
As ordinary people, we do not be influenced by both extreme cases 😲.
To beat inflation, the key is to become a niche in something you are good at.
Bitcoin is the blue-chip of crypto due to its niche in the proof of work.
Also, keep learning and educating yourself to prepare for the future.
👋 Follow me here
No activity yet