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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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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Have you claimed airdrops and played games to earn tokens? Try Pipeflare to earn popular tokens and play to earn here.
NFT becomes a clear path to easily rug-pull people.
Everything seems okay until the market weakens itself 📉.
An NFT project looks more like a dating App 💝.
They all share the common problem - people who didn't become who they claimed 😈.
😏 What is an NFT?
An NFT is not art, collectibles, or many values attached.
It is your reputation that blockchain technology makes it identifiable until you breach the trust 🤨.
😏 Azuki NFT
The founder of Azuki NFT came out to discuss three abandoned projects.
Then, things become mixed feelings in the community.
Some take as three rug-pulls.
Some question about the project.
Some believe the founder is a scam artist.
Some still defend the project and the founder.
😏 NFT is More Centralized Than You Think
NFT does not embed the ownership of users who own that NFT but a reputation owned by the creator. Therefore, it heavily depends on who created the NFT, and each artist does not represent it equally.
How to quantify your reputation depends on how centralized NFT has been created.
If the NFT project is centralized, the trust can easily judge the creator's reputation.
If the NFT project is decentralized, the utility can easily judge the creator's reputation.
However, many NFT projects choose the first route, and each rug-pull makes the crypto community harder to swallow the reality 🥺.
The NFT community then becomes a dating community - searching for a soulmate and a partner at the same time until you find out they are either of them claimed to be.
🤔 Opinion
Does your reputation matter? Would you exchange reputation for money 💰? That is how you will deal in the crypto space.
👋 Follow me here
Have you claimed airdrops and played games to earn tokens? Try Pipeflare to earn popular tokens and play to earn here.
NFT becomes a clear path to easily rug-pull people.
Everything seems okay until the market weakens itself 📉.
An NFT project looks more like a dating App 💝.
They all share the common problem - people who didn't become who they claimed 😈.
😏 What is an NFT?
An NFT is not art, collectibles, or many values attached.
It is your reputation that blockchain technology makes it identifiable until you breach the trust 🤨.
😏 Azuki NFT
The founder of Azuki NFT came out to discuss three abandoned projects.
Then, things become mixed feelings in the community.
Some take as three rug-pulls.
Some question about the project.
Some believe the founder is a scam artist.
Some still defend the project and the founder.
😏 NFT is More Centralized Than You Think
NFT does not embed the ownership of users who own that NFT but a reputation owned by the creator. Therefore, it heavily depends on who created the NFT, and each artist does not represent it equally.
How to quantify your reputation depends on how centralized NFT has been created.
If the NFT project is centralized, the trust can easily judge the creator's reputation.
If the NFT project is decentralized, the utility can easily judge the creator's reputation.
However, many NFT projects choose the first route, and each rug-pull makes the crypto community harder to swallow the reality 🥺.
The NFT community then becomes a dating community - searching for a soulmate and a partner at the same time until you find out they are either of them claimed to be.
🤔 Opinion
Does your reputation matter? Would you exchange reputation for money 💰? That is how you will deal in the crypto space.
👋 Follow me here
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