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xuanling11
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xuanling11
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Bitcoin economy is not working
Bitcoin may have an economic design false. If Bitcoin has limited the supply, and the valuation will continue going up per each unit, then Bitcoin will replace the fiat currency. Such an assumption has a limitation because you are assuming that everyone will eventually use Bitcoin. But what is the benefit of using Bitcoin beside its limited supply?
DAO
almost 2 years ago
Coinbase apology
$pepe meme token is a trend. Crypto embraced the meme culture at the beginning with Dogecoin and many others. Who is the Pepe anyway? Pepe the Frog first appeared in the Internet around 2005. Nobody was taking more serious about the meme until it became more profitable through — cryptocurrencies. Particularly when the meme character is a symbol of
project
almost 2 years ago
Why staking is in trouble sort of
Crypto staking is one of the consensus called Proof of Stake. It is a way to reward workers from consensus to contribute power to support the ecosystem. However, the SEC just fined Crypto exchange Kraken of their staking services. Why SEC did it? There is a misconception about yield and staking in the crypto exchange. Because there is no way users
newsflash
about 2 years ago
Position of Crypto
Crypto needs to rethink its position in the future, especially when we are heading into a high inflation, high-interest rate, and high unemployment economy. There is not any monetary but commodity that survives in the past of human history. Gold is a form of money that kept its value when fiat currency devaluates a lot. Now, crypto comes to compet
Notes
about 2 years ago
Humanity in crypto
Is crypto about money? I think crypto is about humanity. There is a human part inside of the crypto that can offer to help everyone. It should put human life ahead rather than greed. Crypto donation is one example that can help the world and improve society. So why not use crypto to help society? Don't get caught up on over night rich schemes. It w
Notes
about 2 years ago
Market is up today but why
The market is celebrating the 25 base point hike from the Fed. The party may continue but the interest rate is getting higher and higher. Why is the interest rate so important? The ChatGPT explained: Interest rate is important because it affects the cost of borrowing money, the return on investments, and the overall economy. A change in interest ra
AIGC
Notes
about 2 years ago
About my new book
I created a comic book about crypto here. I tried to put all the common definitions and common questions about crypto. I think crypto is about learning rather than investment. Of course, making some profits is nice but it is about more than money. It is an idea that may change your future thinking and give your a different perspective on the curren
Notes
about 2 years ago
Say no to FOMO
Do not FOMO into crypto. This is the rule that prevents you from becoming a bag holder. ChatGPT suggested that FOMO is: FOMO stands for "Fear Of Missing Out." It refers to the social anxiety or feeling of regret over the potential missed opportunities, experiences or social events that others are enjoying or participating in. You will see
AIGC
about 2 years ago
Crypto is a good investment or not
Many people buy crypto to believe it is a great investment. However, it may not be the case. I asked ChatGPT about the crypto investment and here it is: Investing in cryptocurrency can be a good opportunity, but it also comes with high risk and volatility. It is important to thoroughly research and understand the cryptocurrency market before invest
Notes
about 2 years ago
Mother of all bubble
We are heading into a bubble economy and there is one that is about to pop. ChatGPT suggests that a financial bubble is: A financial bubble is a situation in which the price of an asset, such as a stock or a commodity, becomes artificially inflated due to excessive speculation and investment. This can lead to a situation where the market becomes ov
AIGC
Notes
about 2 years ago
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