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@xuanling11

@xuanling11 in September 2021

@xuanling11

Opinion The blockchain technology has flourished. Private owned blockchain May compete with state owned blockchain into the future. Which one will win? #NoiseCash

@xuanling11

Opinion When things go bad, just remind yourself that the world is just a cat playing a ball! That is the reason I love cat! Meow! #NoiseCash

@xuanling11

Purely observation Will El Salvador’s Bitcoin legal tender adoption a make it or break it event? We will see how it plays out. #NoiseCash

@xuanling11

Shitcoin Economy: Part 2 - Regulations The US Treasury department wants to build a global crypto sharing database. The problem is who will control the database? A centralized system will never work on a global scale. The past centuries have proven this idea is not going to work at all. https://beincrypto.com/the-us-treasury-encourages-global-crypto-data-sharing-regulations/%20 Trust will deteriorate over time because there is only one single entity to guardian the trust but…

@xuanling11

Fiat vs. Crypto: Religion vs. Science or Vice Versa Human progress over time. Religion used to dominate people’s thinking about the world until the introduction of science. Is fiat currency a product of science or more likely a religion? How about crypto? What is religion? https://en.m.wikipedia.org/wiki/Religion It is a social-cultural system derived from superhuman systems with centralized systems as certain people or groups of people have the ability to interpret truths…

@xuanling11

Opinion If you heard about a scam artist who tricked Pranksy art but then return almost 100 ETH, is there a white hat wave now? #NoiseCash

@xuanling11

Opinion People hate me when I said Ethereum will sacrifice long-term growth to exchange its stability for sound money. Well, Vitalik Buterin said the Ethereum is focusing unit of account stability. How did I know it? If you look at the way Ethereum codes update. It tries to stabilize the network while increases the volume of transactions. I mentioned at the January of 2021! #NoiseCash

@xuanling11

Purely observation The Ethereum may forecast how the crypto industry moves in the short term as it continues leading the running! Bitcoin is quiet. #NoiseCash

@xuanling11

Dogecoin 2.0: Doge Breeder Era Will you want to become a virtual dog breeder? You may do so in the future with Dogecoin. Dogecoin is famous for its nature - meme! It may start with a joke but it got more and more real recently. Its price almost hit into $1 in April high this year and now it gets more promise future. Dogecoin Foundation It was established in 2014 to support vet charities! Mainly, their vision is to save homeless dogs.…

@xuanling11

Opinion Binance hit multiple national warnings from South Africa, Singapore, UK, Italy, Japan, Thailand, and Canada. Regulations are tougher! #NoiseCash

@xuanling11

Buterin's Regret: Ethereum 8 Co-Founder Things 7 years ago, 8 people gathered in Zug, Switzerland in a rented house in the wood to decide to launch a blockchain platform called Ethereum. Their names are Vitalik Buterin, Charles Hoskinson, Gavin Wood, Anthony Di Iorio, Amir Chetrit, Jeffrey Wilcke, Mihai Alisie, and Joeseph Lubin. Many people may never hear all of them but some of the cryptocurrencies you may be aware such as Cardano and Polkadot. Vitalik Buterin He is the…

@xuanling11

Opinion Social media influences how people invest money nowadays. It will influence crypto also in the future and crypto may integrate into social media too. #NoiseCash

@xuanling11

Opinion Do you think NFT is toooo expensive now? Maybe own a fraction of NFT can help? I think that is a trend to come. #NoiseCash

@xuanling11

I will test one of Satoshi early vision of smart contract NameCoin product and see how it goes. It is a decentralized website! So excited 😆

@xuanling11

Bitcoin ETF May Not Be Such a Great Idea Have you heard about the Bitcoin ETF? Why does someone want a decentralized currency in the centralized system? It doesn’t make any sense! https://www.investopedia.com/terms/e/etf.asp What is the ETF? It is a type of security to track indexes, commodities, or assets. It is short for Exchange Traded Funds. Why choose an ETF? It is a safe bet of the future that assumes the index will continue going up. You can buy fractions of the fund…

@xuanling11

Opinion Polygon's Ethereum scaling solution will be integrated by Coinbase to lower high prices and settlement times. We need this more and ever! #NoiseCash

@xuanling11

Opinion El Salvador purchased first 200 Bitcoin and continues moving on the Bitcoin law. We will see how it goes. The market is up to cheer! #NoiseCash

@xuanling11

Opinion I think Bitcoin is also testing a self performed government body without representation of voting process. #NoiseCash

@xuanling11

Opinion The market fresh crash on El Salvador first day of Bitcoin adoption. Some say is market manipulation for the government to buy in cheap and some say just purely market manipulation. Either way, the market is back now. #NoiseCash

@xuanling11

Opinion The global food chains all take advantage of El Salvador Bitcoin adoption to start accepting Bitcoin. How convenience! #NoiseCash

@xuanling11

The SEC Defi Investigation: The Decentralization Theater The U.S. Securities and Exchange Commission or SEC starts investigating Uniswap Labs, the developer behind Uniswap, one of the influential decentralized exchanges (DEX) on Ethereum. Why SEC is suddenly interesting in Defi particularly DEX? Before we dive into the topic, let’s see how different Cefi to Defi. What is Cefi? Centralized finance or Cefi was originally invented several thousand years ago. The wide range of…

@xuanling11

Purely observation Cream finance hacker returns $17.6M stolen funds. A new trend is formed, hack and return! #NoiseCash

@xuanling11

Purely observation Chivo Bitcoin wallet was broken on the first day of Bitcoin adoption in El Salvador. Oh well, play around the wallet before rolling out then. #NoiseCash

@xuanling11

Opinion Snowden urges other nations to embrace Bitcoin after El Salvador's adoption. Joining later may regret the action. #NoiseCash

@xuanling11

Coinbase Regulation Probe: The Future of Crypto Lending The U.S. Securities and Exchange Commission or SEC knocks on the Coinbase door for the regulation probe. Coinbase was shocked and was trying to figure out why they got probed. Does the SEC just shock Coinbase? Let’s try to find out. BlockFi incidence BlockFi is another crypto-finance company that offers similar products that Coinbase did - BlockFi Interest Account (BIA). On July 22nd, 2021, Alabama took a view that BIA…

@xuanling11

Opinion The idea that you own your money in a bank account is just a dilution. You do not own any cash in your bank and it is just data for you to see. That has been said, you are not the custodian of your money. #NoiseCash

@xuanling11

The Cantillon Effect: The 18th Monetary Curse About to be Broken The Cantillon Effect is an old theory discovered by 18th-century banker Richard Cantillon. Because of his special experience in handling lots of gold transactions and being close to the kingship. What is the Cantillon Effect? There are 3 ideas: 1) the country with twice the money does not make citizens twice as rich but oppositely 2) whoever closed to the king will benefit from the cheap money 3) poor will…

@xuanling11

Opinion I like what Cathie Wood distinguishes between Bitcoin and Gold as Bitcoin is a rules-based monetary policy while Gold is a trust-based monetary policy. Trust has been broken for a long time. #NoiseCash

@xuanling11

NFT Bubble May Just Almost Pop The NFT market is red hot. One of the biggest NFT platforms OpenSea was making $2.84 billion in trading volume over the past month in August. NFT makes the majority of income to Ethereum miners. It generates 21.6% of the total transaction fees for Ethereum which makes the gas fee so high for many layer 2 transactions costly. However, it seems the NFT market suddenly slow down. What caused the slowdown? Perhaps the crypto market flash crashed…

@xuanling11

Opinion Regulation intensifies will force all crypto companies to unit and fight for their survival and play die-hard together. #NoiseCash

@xuanling11

Purely observation Germany overtook USA to become the second-largest Bitcoin node in the world. Who is the first place? It is untracable! #NoiseCash

@xuanling11

Opinion Before COVID-19, you may have an option to refuse technology adoption. However, after COVID-19 you have no choice but to adopt. Why? The future is coming more and more uncertain. Refusing to adopt will make you at risk. Central banks refuse the existence of Bitcoin, they will be replaced by cryptocurrencies eventually. #NoiseCash

@xuanling11

Purely observation Satoshi Nakamoto is the creator of Bitcoin. His name actually means "Clever Middleman". When you backward spelled to Otomakan Ihsotas, it means Internet Apocalypse. Maybe he is telling us something about the world. #NoiseCash

@xuanling11

Opinion After high pump up of Solana, the blockchain was halted to debugging. What?! The blockchain was halted?! I though it was decentralized? Solana is out! #NoiseCash

@xuanling11

Opinion US and Singapore are working together to come up with the next generation crypto services while Defi regulations are getting tougher. #NoiseCash

@xuanling11

Purely observation Bitcoin Billionaires back De-Extinction Campaign and possibly build a Jurassic Park in the future. #NoiseCash

@xuanling11

Opinion SpaceX successfully sent tourists into the space. Cryptocurrency will be the future payment to pay off your space tour! #NoiseCash

@xuanling11

Opinion AMC confirms that they will accept cryptocurrency as their alternative payment method. Cryptocurrency adoption is moving on. #NoiseCash

@xuanling11

Opinion The cryptocurrency exchange will be more centralized than ever as they will have to comply with regulations in order to survive. #NoiseCash

@xuanling11

The network is busy again. The gas fee is high as usual. However, sentiment has been low. Bitcoin may continue rising up. Ethereum becomes deflationary as the supply decreases while demand increases.

@xuanling11

Opinion OpenSea executive who involved in insider trading has resigned! The powerful of blockchain is anything you did is on the public record. #NoiseCash

@xuanling11

Opinion By banning cryptocurrencies you will need to either shut down the internet completely or control all people to access the internet. Either way, it is a self-destructed move that no one wants to do. #NoiseCash

@xuanling11

Here is the explanation of the new wallet. Once you created a new wallet under settings, your Bitcoin Cash Wallet, it will automatically overwrite your old address into the new address. You may withdraw from the new wallet address.

@xuanling11

Also, in order for you to constantly log in wallet and increase security breach risks, I personally recommend using Bitcoin.com wallet and create a path to link into your noise.cash wallet address. That way you can see your balance without constantly log in and log out to leave any trace for hackers to breach your account.

@xuanling11

Purely observation If you notice that your wallet becomes settings, yes, there is an update and before you create new wallets, you may want to read instructions carefully! Your new wallet address will overwrite your existing BCH address which means that your tips will send to the new wallet address that you create. You may want to read my other posts or research for further instructions or guidance from other members for help. Do more research before you set up your wallet…

@xuanling11

Opinion You may believe the world is working forward-thinking with new technology coming out every once in a while and they brand themselves as a future. It is not. They build out to drift you away from the future. Only handful of people try to prevent consume your future and protect you from such illusions. The cryptocurrency was born to prevent the wrong future and protect you from the wrong path. Future should not be the only way some people perceived to be. You need to…

@xuanling11

I tested it and it works. Here is the roadmap for the new wallet feature. 1. Create a new wallet with a new address in settings. 2. New wallet address will overwrite the old address. 3. Create an account in Bitcoin.com 4. Import your new address into the account using the recovery function 5. Wait until there are enough funds and send them into your new wallet You just need to wait to receive the fund! Simple and easy!

@xuanling11

The network continues to work busy. The gas fee is up again. I did not spot any strange or weirdness. I think Ethereum was busy because of NFTs market.

@xuanling11

The site is very slow and frequently directs to the 504 Gateway Time- Out error page. I think the team is trying to fix it.

@xuanling11

Purely observation Did you notice the noise.cash site has been slow or even directed you into 504 error page? There was an announcement from head of nise.cash about the recent hacker attacks. Make sure your account is safe and your password is safe! #NoiseCash

@xuanling11

Opinion After all, Defi may be a bubble too. Similar to NFTs, they are Centralized and they cannot operate without a centralized monitoring process. #NoiseCash

@xuanling11

The greed index has not changed much during the weekend and trading volumes are low. It may build up energy for next week to work on.

@xuanling11

The network is slow and quiet in the weekend. The gas fee is reduced a bit but it is still very high. I think Defi winter is coming. Which Defi will survive?!

@xuanling11

I think the noise.cash site is improving a lot especially the integration of the wallet function which is secure as long as you got your private key in a safe place. Also, you may tip others through your wallet. Although I hope there will be an easier way to tip just through one click, it is coming I believe.

@xuanling11

Opinion Doge has a strong community. Shiba need to build a stronger and resilient community to help social movements and impact the future. #NoiseCash

@xuanling11

Opinion We are entering utility stablecoin era. The money has its own purpose to spend on and increase its effectiveness. #NoiseCash

@xuanling11

Opinion Will crypto companies replace tech giants to become a new era or just another tech giants? We may see how it goes! #NoiseCash

@xuanling11

The index has not yet changed. The market experiences minor correction but confidence are there. We will see how it goes tomorrow.

@xuanling11

The network is busy as well. Nothing has changed. No big news has come out to the surprise of the market yet. Regulations are quietly working on. I think Defi is a bubble about to pop.

@xuanling11

Does anyone notice your estimated satoshi cash amount has disappeared in the settings? Interesting. Now I do not need to worry about it anymore.

@xuanling11

Purely observation The US Treasury is targeting stablecoin first as they are moving forward to regulate cryptocurrency. No to mention that stablecoin is most likely to become its own central bank. #NoiseCash

@xuanling11

Art I created my no so happy cat series. The cat is no happy about his birthday. I created with different styles and put it together just for fun. #art #cat #NoiseCash

@xuanling11

Purely observation El Salvador buys a dip. But it seems they bought it too early. They double their holdings and have a total of 700 BTC. #NoiseCash

@xuanling11

Opinion China FUD again? There are many more reasons for the dip includes new crypto regulations, South Korea's crypto exchange regulations, and many more. The fact is the market dipped. #NoiseCash

@xuanling11

Continue my yesterday's comment, confidence is still there but the market was red. It is okay. We may just experience a little fluctuation.

@xuanling11

It still troubles me that the fact market is red due to the stock market sold off. I guess more institutional buyers in the crypto market nowadays. The network is busy as usual and many investors may be rebalanced their portfolios I guess.

@xuanling11

Opinion Despite regulations, Coinbase still working with Homeland Security on blockchain technology. It is inevitable as crypto is a disruption of the financial industry and the financial system. #NoiseCash

@xuanling11

Opinion Bitcoin Defi is coming. The question is how secure the platform will be. Defi has lost more than $400M in 2020 due to hackers break into the system. If Bitcoin Defi got hacked, it may bring down the crypto market together. #NoiseCash

@xuanling11

The longer it takes to recover, the lower the confidence the market will have. Now the confidence is half from the weekend. The future is looming.

@xuanling11

The market is down but the network is busy. I think institutional are buying it sneakily. The longer it took to recover, the lower the market will be.

@xuanling11

Opinion Another red day and Coinbase just came to keep up their job. Every dips crash Coinbase just like Robinhood. I think Coinbase is just Robinhood 2.0 after all. #NoiseCash

@xuanling11

Defi Manual: Part 6 - Defi 2.0 Defi has entered 2.0 already? Where is 1.0 anyway? This article is to explore what really is Defi and the debate between true Defi and Quasi-Defi. True Defi - Defi Optimist The true Defi has a breakthrough technological advance with new ways of pure decentralization financial system without custodial, a permissionless, open forum, clear rules of smart contract, anonymous, with high interest pay off and high profits. It will make everyone rich!…

@xuanling11

Opinion The SEC called stablecoins are poker chips. I found it funny that they just realized it. It got no value. Some as fiat currency. Poker chips are everywhere. #NoiseCash

@xuanling11

Opinion After Coinbase dropped their interest product, the SEC may want Defi projects to go through them before launch. Oh well, it will change a lot. #NoiseCash

@xuanling11

The index turns into extreme fear. I think regulations are making a big move to scare off the market. Recent sold-off did not damage the crypto market much more than regulations may do.