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
Cryptocurrency may not promise you to become rich immediately, but it did foresee the worst scenario of the fiat currency - uncontrollable inflation that makes fiat currency unstable.
We knew it would happen, but it just did not happen as quickly as we imagined dating back to 2008.
Inflation is climbing into the most dangerous zone in decades:
https://twitter.com/SamRo/status/1574214717500928000
These types of inflation usually will never occur unless we were:
✅ at war
✅ at the trade war
✅ at the political turmoil
✅ at the economic crisis
✅ at the energy crisis
✅ at the challenge of new power
✅ at the currency transition
In the meanwhile, governments are doing a business-usual.
https://twitter.com/NorthmanTrader/status/1574399615637782528
While the currency crisis intends to repeat itself, it will get worse,
https://twitter.com/zerohedge/status/1574192830771249153
Or maybe not...
https://twitter.com/catinoddplaces/status/1574227491115487233
Or maybe yes...
https://twitter.com/WallStreetSilv/status/1573650386350645252
Okay, the point is, why is the currency in crisis mode?
https://twitter.com/Santiag78758327/status/1573810035259572226
It is unresponsible for massive spending that gets out of control from central banks.
Who is paying the bill after the math?
Do you want to guess it?
https://twitter.com/manzoorsohail/status/1571939275456888833
What is the bright side of the development of the currency crisis?
https://twitter.com/subsurface_life/status/1574034535016468482
I have seen no light in the tunnel in the coming years, but it does not mean we are out of any solutions. I just have not yet seen anything.
Support writer here or join Medium here
Photo by Breno Machado on Unsplash
Cryptocurrency may not promise you to become rich immediately, but it did foresee the worst scenario of the fiat currency - uncontrollable inflation that makes fiat currency unstable.
We knew it would happen, but it just did not happen as quickly as we imagined dating back to 2008.
Inflation is climbing into the most dangerous zone in decades:
https://twitter.com/SamRo/status/1574214717500928000
These types of inflation usually will never occur unless we were:
✅ at war
✅ at the trade war
✅ at the political turmoil
✅ at the economic crisis
✅ at the energy crisis
✅ at the challenge of new power
✅ at the currency transition
In the meanwhile, governments are doing a business-usual.
https://twitter.com/NorthmanTrader/status/1574399615637782528
While the currency crisis intends to repeat itself, it will get worse,
https://twitter.com/zerohedge/status/1574192830771249153
Or maybe not...
https://twitter.com/catinoddplaces/status/1574227491115487233
Or maybe yes...
https://twitter.com/WallStreetSilv/status/1573650386350645252
Okay, the point is, why is the currency in crisis mode?
https://twitter.com/Santiag78758327/status/1573810035259572226
It is unresponsible for massive spending that gets out of control from central banks.
Who is paying the bill after the math?
Do you want to guess it?
https://twitter.com/manzoorsohail/status/1571939275456888833
What is the bright side of the development of the currency crisis?
https://twitter.com/subsurface_life/status/1574034535016468482
I have seen no light in the tunnel in the coming years, but it does not mean we are out of any solutions. I just have not yet seen anything.
Support writer here or join Medium here
Photo by Breno Machado on Unsplash
No activity yet