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...
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 ...
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. ...
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...
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 ...
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. ...
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Technology isn't always directly translate to what we desire it to become.
For example, we wish social media to become a place to keep in touch of others but it created another whole new level of distrust and misinformation that spread like a Pandemic.
Be careful of your wishes!
Like AI we think they can bring up a new level of the game in the creative industry and possibly to replace writers like you and me, but can they?
It seems they are very powerful to execute what we want them to, but does that eventually translate to what you desire?
I am sure they can write up an email that better than humans did and in a faster pace, but does the email really translate your intend of the desire?
There is a misconception around the internet that people are seeking a magic formula or a program, or a piece of software to spell out your desire and give you a correct answer about life.
Like crypto, it has to be the answer of the current corrupted financial system.
Similarly, AI has to be the ultimate solution of our miserable job.
Or Tesla has to be a must-owned car to show people you care about the future of energy conservation.
Well, it does not sound right...
They all part of an alternative that you choose from, and it does not mean you have to choose from those only options.
The path is available for you but you have a choice not to choose.
If you do not choose, it does not mean you are out of the picture.
It only means you have other opinions about such technology or there are yet better opinions to fit your lifestyle.
Don't be a fool only to choose limited selections.
You are likely making mistakes you will later realize it...
Photo by Sander Sammy on Unsplash
Technology isn't always directly translate to what we desire it to become.
For example, we wish social media to become a place to keep in touch of others but it created another whole new level of distrust and misinformation that spread like a Pandemic.
Be careful of your wishes!
Like AI we think they can bring up a new level of the game in the creative industry and possibly to replace writers like you and me, but can they?
It seems they are very powerful to execute what we want them to, but does that eventually translate to what you desire?
I am sure they can write up an email that better than humans did and in a faster pace, but does the email really translate your intend of the desire?
There is a misconception around the internet that people are seeking a magic formula or a program, or a piece of software to spell out your desire and give you a correct answer about life.
Like crypto, it has to be the answer of the current corrupted financial system.
Similarly, AI has to be the ultimate solution of our miserable job.
Or Tesla has to be a must-owned car to show people you care about the future of energy conservation.
Well, it does not sound right...
They all part of an alternative that you choose from, and it does not mean you have to choose from those only options.
The path is available for you but you have a choice not to choose.
If you do not choose, it does not mean you are out of the picture.
It only means you have other opinions about such technology or there are yet better opinions to fit your lifestyle.
Don't be a fool only to choose limited selections.
You are likely making mistakes you will later realize it...
Photo by Sander Sammy on Unsplash
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