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 ...
xuanling11The only way
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, ...
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 ...
xuanling11The only way
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, ...
Subscribe to xuanling11
Subscribe to xuanling11
Share Dialog
Share Dialog
Jack Dorsey stepped down. This is fairly big news for the social media industry and the stock market cheers for it. What the major news did not report is that where Jack Dorsey will work from now.
Here is 1 min short video in case you want to skip the reading:
Centralized social media platforms
Social media has no future, at least for centralized social media platforms. Regulations are tightening to make social media politicalized. It is also a place to spreading fake news and scamming materials to all users. With more regulations, centralized social media will have similar topics everywhere and be full with all advertisements trying to get customers.
Decentralized social media platforms
On the other hand, decentralized social media is rising. People are controlling their own content and making profits out of the platform immediately. There is no custodian to take away your ability to post anything. You have full control and take full responsibility for the contents of your website. It makes content more credible to eliminate scammers and materials more trustable if content creators become more accountable.
Risks of decentralized social media platforms
There are also disadvantages of decentralized social media platforms if one promotes a false belief and intent to scam users. Decentralized social media may not trace records that one may get away with. Also, the decentralized platforms may harder for new users to adopt high security provide for users to protect their sites from hacking.
Jack’s plan
Jack Dorsey may have revealed some of his future thinking on the crypto payment that can integrate into decentralized environments. He had put a team on working with a lightning network of Bitcoin to create potential crypto tips for content creators. However, his plan may beyond just a payment network but on the security protocol that can have a secure channel to connect with crypto payment from everywhere.
Web3 adoption
The idea of Web3 may not just be limited to content creation. It is a portal for every user to build a network that can function without centralized internet providers. At least, that is part of the plan. Also, Web3 may change the fundamental thinking about the internet from providers to the individual who can become a node of providers and continue contributing to large communities.
In conclusion
No one knows what Jack Dorsey will do. However, his leaving gives a bigger picture of how crypto can change the internet fundamentally. At least, that is speculation.
-------------------------------------------------------------
Disclosure: The article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters. You should not believe any words this author wrote or you may experience similar symptoms or even possibly become a nut job.
Photo by Chris J. Davis on Unsplash
Resources
Jack Dorsey stepped down. This is fairly big news for the social media industry and the stock market cheers for it. What the major news did not report is that where Jack Dorsey will work from now.
Here is 1 min short video in case you want to skip the reading:
Centralized social media platforms
Social media has no future, at least for centralized social media platforms. Regulations are tightening to make social media politicalized. It is also a place to spreading fake news and scamming materials to all users. With more regulations, centralized social media will have similar topics everywhere and be full with all advertisements trying to get customers.
Decentralized social media platforms
On the other hand, decentralized social media is rising. People are controlling their own content and making profits out of the platform immediately. There is no custodian to take away your ability to post anything. You have full control and take full responsibility for the contents of your website. It makes content more credible to eliminate scammers and materials more trustable if content creators become more accountable.
Risks of decentralized social media platforms
There are also disadvantages of decentralized social media platforms if one promotes a false belief and intent to scam users. Decentralized social media may not trace records that one may get away with. Also, the decentralized platforms may harder for new users to adopt high security provide for users to protect their sites from hacking.
Jack’s plan
Jack Dorsey may have revealed some of his future thinking on the crypto payment that can integrate into decentralized environments. He had put a team on working with a lightning network of Bitcoin to create potential crypto tips for content creators. However, his plan may beyond just a payment network but on the security protocol that can have a secure channel to connect with crypto payment from everywhere.
Web3 adoption
The idea of Web3 may not just be limited to content creation. It is a portal for every user to build a network that can function without centralized internet providers. At least, that is part of the plan. Also, Web3 may change the fundamental thinking about the internet from providers to the individual who can become a node of providers and continue contributing to large communities.
In conclusion
No one knows what Jack Dorsey will do. However, his leaving gives a bigger picture of how crypto can change the internet fundamentally. At least, that is speculation.
-------------------------------------------------------------
Disclosure: The article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters. You should not believe any words this author wrote or you may experience similar symptoms or even possibly become a nut job.
Photo by Chris J. Davis on Unsplash
Resources
<100 subscribers
<100 subscribers
No activity yet