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@xuanling11

Joined 19 November 2020 · 5666 posts

Learn futures together!

medium.com/@xuanling11publish0x.com/bitcoin-price-drop-what-just-happened

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@xuanling11 Other coins

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? The short answer is relatively easy to use Bitcoin than fiat cash. Its valuation has fluctuated…

@xuanling11 Crypto news

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 the crypto with community culture altogether which nobody will take it seriously. Of course, some of the Pepe…

@xuanling11 Other coins

When AI meets Solana Solana Labs utilized AI in their recent open-source project with an AI plug-in to help users answer their questions. https://twitter.com/solanalabs/status/1650955017585606656 AI is helpful when it becomes a bot chat to automatically research and provide answers. Although I think there are many other usages for AI, the chat function becomes essential to help users onboard at the first step. Building knowledge of the crypto is important because educating…

@xuanling11 Big questions

Mind Body Disputes Does the mind control the body or the others around? What is consciousness? Do you ever talk to yourself through your mind? Who is that person? Any of these types of questions are wandering around in your head. We used to discuss the idea of dualism which there are the physical world and the supernatural world. We are no longer discussing such separation anymore, or at least, we do not care anymore. Since we had science to lead the progress of the society,…

@xuanling11 Big questions

Is Crypto an empirical experience Empiricism is a way to observe how things work. However, the problem is that you may have hundreds of outcomes depending on each observer. If Crypto is an empirical experience, then we are experiencing a test of the future financial system that can run on the top of the machine. It has already been underway the process. But why many people are doubts about the future? Since the future is unpredictable, we cannot be able to determine what the…

@xuanling11 History

The secrecy from the history - Pythagoreanism The study of secrecy has been more than thousands of years. Some say it is a cult study, and others say it is a Magick study. Whether you believe or not, such ideas are shaping the world throughout history, and some relevant theories or philosophies go throughout history either consistently or inconsistently. If you understand some of the ideas about secrecy or just know them, you may even understand some mysteries like the…

@xuanling11 Big questions

The idea of haunted Yeah, yeah, it is all fake and unscientific, but supernature was a branch of higher knowledge until science came to dominate… People got too deep into supernature deems to become “nut”… But too logical is “nut” too. Just look at modern mental illness after removing the supernature idea. The debate about supernature is being a long time since the 15th century. The mind-body problem persists with how the human brain and thoughts function. Mind-body problem…

@xuanling11 Crypto news

Elon's Doggo Dogecoin is coming back! Elon is pumping it again through Twitter. Remember in 2021, Elon talks about Dogecoin as Mars currency, Dogecoin has a Twitter tip currency and much more? Some investors filed lawsuits against him in 2022 of $258B lawsuit amount. Despite all of this crazy disputes around, Twitter is able to make Doge as their logo and pumps it no matter what. So does it mean 2023 is a Doge year? Maybe not as what you think it will become. Doge is a meme…

@xuanling11 Big questions

What AI and Crypto have in common Current AI development is out of control! Everyone thinks AI is coming inevitably and everything is about to change! Unfortunately, nothing will change dramatically. Maybe our WORD document will suggest more accurate way of writing a message, and that is about it. There are a fundamental issues that will take a longer time to resolve and simple AI cannot resolve it all. Those issues like the wealth gap, poverty, hunger, climate change, wars,…

@xuanling11 Crypto news

The US Government takes profits from Bitcoin The US government dumps a total of around 51,352 Bitcoin into the market from the Silk Road marketplace dated back in 2014. It is estimated around $3B is worth of money the government will earn from Bitcoin selling. The extra amounts of Bitcoin may increase the supply of the existing market which will bring down the value of Bitcoin if that is how the crypto market works. However, there are more buyers than sellers in the market.…

@xuanling11 Crypto and the law

Crypto crackdown The government is expediting to crack down on cryptos. Binance is facing a lawsuit from CFTC. Crypto is facing an existential crisis after many crashes and bad actors. It is a time to soul searching about what crypto is about. Does it to replace the existing financial system or an alternative future to help people? More regulations are likely coming and crypto exchanges are closing down to few who compliances with. But the real idea of crypto is…

@xuanling11 Psychology

Psychology of Bitcoin, Sort of If the financial system is a person, then it splits into three categories: Id: crypto criminals like Do Kwon, SBF, and so on… Ego: Bitcoin, Ethereum, and many other cryptos Superego: banking system, institutional investors and so on... Superego suppresses Id to a certain degree to produce Ego. You can see Superego is a "good" guy and Id is a "bad" guy. So depends on how the good guy interacts with the bad guy, you have a spectrum of crypto.…

@xuanling11 Inflation & the economy

Central Bank is Overrated The central bank is overrated. We empowered the central bank, and they believed they could save the economy. They cannot. They fulfill their own wishes and attract market movement. But at the end of the day, their impact on the economy is minimal, limited to banking and certain financial systems. The economy is not about banking only, the activities are very with a large range from small businesses, import & export and much more. Don't fool with…

@xuanling11 Inflation & the economy

Banks are riskier now Bank has a dilemma. The system becomes two tiers, one that constantly got bailed out by the government and one that constantly got rekt. One is risky free and another is risk all in. Similarly, Crypto is on the risk side which is risk all in because the reward you have can become higher. Unfortunately, traditional banking with risk all in, there is no incentive but wait until got rekt. There are 186 banks are risky to default in the coming months. That…

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