What a coincidence that a $1T bill has just been passed from Congress to boost economic growth and the crypto market just hit $3T market capitalization.
The broker
Back in August 2021, there was a provision of the term “broker” that confused many people that whether it will categorize to crypto miners and wallet developers in the IRS reporting category or not. Even the bill has passed, there is still no resolution on how brokers will categorize to become. It is until 2024 to set a path for the crypto community to fight for and clear the term.
The meaning of a job is changing
The idea of the bill is to further push American workers to join the workforce and input more labor power into the economy particularly in the infrastructure system and upgrade all over the physical assets around the country. The problem is the low-paying jobs and unsatisfied working conditions that COVID exposed. Any workers walk away from their jobs to pursue other dreams. Many also invest their savings in crypto like Shiba and make a fortune out of it just within a year. What job gives people has changed from a secure living standard to uncertain of wasting time while missing out on another potential gaining such as cryptocurrency investments or stock investments.
Physical-world vs. virtual-world
With marching into Metaverse from the announcement of Facebook changing the name into Meta, the future world is separating physically and virtually. You can have two lives that one to work in the physical world while another career path in the virtual world.
Limited resources in the physical world
In the physical world, everything is fixed. High cost of living and housing price, and commodities price will slowly catch up with inflation that becomes more likely uncontrollable into the future. Physical-world becomes a mess and costly. It pushes many people away into the Metaverse that resources seem unlimited and open to every participant
Unlimited resources in the virtual world
You may struggle in the physical world but luckily you can escape it and dive into Metaverse to have another life. Cryptocurrency makes the virtual world more economically feasible than ever. From NFTs market to game, one can choose their strength and explore the new world while earning a living payment.
Don’t lose yourself in the virtual world
While the boundary between the physical world and the virtual world becomes more blur, you want to keep awake of yourself by being a digital slave and unconsciously working for a big corporation. Meta (formally Facebook) can recruit you to become a virtual slave by collecting your data and selling for other uses is one of the examples you want to be aware of.
Public money vs. Crypto
When you earn from public money, you grow slow and stable. You lost an opportunity to ride the trend and then will become FOMO to lose your money. While crypto is a future for many people to join and grow.
In conclusion
Whether you choose public money or crypto, you want to grow and prevent uncertainty to derail your plan. So which future do you want to choose from?
Photo by Javier Allegue Barros on Unsplash
Note: the post was shared on multiple platforms.
Related articles to reference here ⬇️⬇️:
-------------------------------------------------------------------------------------
Stablecoin
Stablecoin is Not So Stable
Stablecoin: We Ever Need Them More Than CBDCs
Poker Chips Economy
-------------------------------------------------------------------------------------
CBDC
CBDC: Stablecoin 2.0 or Stablecoin Killer
Chinese CBDC: the Ultimate Financial Weapon or Just another Copycat
CBDC vs Cryptocurrency: the War of Privacy
Game of Three Kingdoms: CBDC vs. Cryptocurrency vs. TechCoin
Why Crypto Got So Political Suddenly: The Beginning Tale of Government Crypto Surveillance Program
CBDC's Cross Border Payments System: Worse than Crypto
CBDC is Likely Only Last for 10 Years
Cryptocurrency Coexists With Fiat From Now On
CBDC: One Currency for All
CBDC Moves to Global
-------------------------------------------------------------------------------------
Defi
DeFi Swap: Great Returns come with Great Cost
Defi: A Rainbow 5-Layers Cake
Robot Sucks: How Lousy Jobs AMMs Did to Ruin the DeFi
Defi Winter: What May Come After the Bubble Pops
Defi Winter?! When Stablecoins Become CBDCs
-------------------------------------------------------------------------------------
Defi Manual
Defi Manual: Part 1 - Cefi vs. Defi
Defi Manual: Part 2 - Regulations
Defi Manual: Part 3 - Financial Weapons
Defi Manual: Part 4 - Market Manipulation
Defi Manual: Part 5 - Synergies
-------------------------------------------------------------------------------------
Inflation
Inflation vs. Bitcoin: How Speculation to Hedge Inflation has Failed in Short Term but may Create Opportunity in Long Term
Hypothetically, What if the Fed Fails to Control Inflation, Will Crypto Save Us?!
Currency Debasement: Cryptocurrency Inflation Hedge Hypothesis Still Hold
Dream World: When You Own Assets Just Like a Dream
-------------------------------------------------------------------------------------
Gold
Gold vs. Bitcoin: Digital Twin or Enemy
-------------------------------------------------------------------------------------
Volatility
Volatility of Bitcoin: Threat or Opportunity
-------------------------------------------------------------------------------------
Recent News
Lesson Learn from Robinhood IPO: Era of Crypto Exchange Comes to an End or a New Beginning?
City Coins: Are they the Era of New Coins?
The End of Era for Crypto Exchange Platform?!
Crypto Hacking: How Did it Really Happen?
Jack Dorsey’s Ambitious: Twitter wants to Become a Place of Freedom of Speech
Legendary Hacker: the White Hat into the Rescue
The Future of Cardano: as Clear or as Uncleared?
Patent the Blockchain: the Nonsense Action Shows a Worry from Big Tech Companies
Forget about Trade War: New Era of the International Trade
Epic Games vs. Apple: Tech Companies Crypto Adoption May Begin
Litecoin Fake News: How Fake it is?
Robinhood vs. Coinbase: The Future of Crypto Exchanges
What Have We Learn From Twitter Bitcoin Tipping Integration
So the Stock Market is Rigged, Then What?!
What Have We Learned from Facebook Outages
The Fed’s Concern Reveals the Crypto Future
El Salvador’s Bitcoin Adoption Turns Sour
Executive Order Just for the Crypto
JPMorgan Refuses Crypto Future: the End Game of Banks
Russia Changes The Mind of Crypto Imply the Future of Crypto Can Be More Inclusive
PayPal Will Not Become a Crypto Company
The Meta: A Place Where Company Profits from Your Dreams and Memories
Global Supply Chain Crisis: When Physical Battlenet Suffocates the Virtual Flow
-------------------------------------------------------------------------------------
China FUD
China FUD: Are We Done Yet?
Bitcoin Mining Recover?! The Chinese vs. The U.S Strategy of Blockchain
Red Alert: Lesson Learns from the Nearly Cashless Nation
Have We Ever Learn Anything from 2008?! To Print or Not to Print?!
Crypto's China Syndrome May Never be Recovered
End of the Big Bank Era
China Ban Ban Bang!
Lesson Learn from China's Crypto Ban
Crypto or Not Crypto: China Enters Backward Economy Cycle
Crypto China FUD is Cured by Itself
-------------------------------------------------------------------------------------
SEC FUD
SEC vs. Ripple: the Endless Game of War
SEC vs. Defi: What is the goal of the Defi?
The SEC Defi Investigation: The Decentralization Theater
Coinbase Regulation Probe: The Future of Crypto Lending
So Fed Taper Has Nothing To Do with Cryptocurrencies
-------------------------------------------------------------------------------------
NFT FUD
NFT: Digital Solution or Delusion?
NFT: The Future of Gamers' Assets
NFT Bubble: Does it Really Matter ?!
NFT Bubble May Just Almost Pop
Are We Popping NFT Bubble Yet?!
Metaverse Begins with Crypto
Why Steam Kicks Out NFTs Will Trigger Gaming Disruption
-------------------------------------------------------------------------------------
FOMO FUD
The World Without An Expert: Expert ≠ Rich
Satoshi Nakamoto's Statue: Should We Worship Him/Her?!
Tech Coin: The Coin We May Not Want to Own
Crypto Companies: Another Tech Giants or New Era of Tech
Institutional FOMO: The Worst Kind of FOMO
Regret vs. FOMO
-------------------------------------------------------------------------------------
Miscellaneous
Where are We Position Crypto at : the Problem with Money and Wealth
What Categories Does Bitcoin Belong to or Does it Really Matter?
Quantum Financial System: The System Lost Itself in Quantum World
Crypto Hot Hub: The Best Place to become Crypto Incubator
Break the Fourth Wall?!
We Are Short for the Dollars: The Dollar's Liquidity Issue
Fiat vs. Crypto: Religion vs. Science or Vice Versa
Crypto Movement: From Consumerism to Anti-excess Movement
Wisdom from Steve Jobs to Satoshi Nakamoto
Fiat Squid Game: Crypto Comes for Rescue
Your Pet is Your Trade Partner
Definition of Money has Changed, Thanks for Cryptocurrency
Crypto Payment Adoption: The Beginning of Layer 2 Adoption
To Exchange Crypto for Your Body Part Data: Facebook Old Scam Revital
Worldcoin Part 2: Categorize Eyeballs
Crypto Education Should Be All Free
-------------------------------------------------------------------------------------
Post Quantum Cryptography
Future Consensus Algorithms Power by Influencers or Capable to Resistance of Quantum Attacks
Technology Race: Quantum Computing vs. Cryptography
Prepare for Post Quantum Cryptography
-------------------------------------------------------------------------------------
Bitcoin Digest
Is Bitcoin Untraceable Anymore?! It Depends!
Currency Comparison: Bitcoin vs Dollar
Bitcoin ETF May Not Be Such a Great Idea
Bitcoin Lightning Network Explain
The Truth Behind Bitcoin ETF Approval
Bitcoin Whitepaper 13 Years Birthday
The Doubt Leads to Innovation - Crypto Cold Storage Technology
Bitcoin's Taproot Upgrade
-------------------------------------------------------------------------------------
Ethereum Digest
Ethereum London Hardfork: How Hard does It Actually Fork?
Did the U.S. government just thumbs up on Bitcoin and down on Ethereum after the London Hardfork?
EIP-1559: The Future of Ethereum Economy
Ethereum Got Update Bug: A Blockchain Synchronization Problem
Buterin's Regret: Ethereum 8 Co-Founder Things
Can Cardano Really Kill Ethereum?!
Cardano is Smoking or Vision the Future
Vitalik Buterin's Concerns
-------------------------------------------------------------------------------------
Shitcoin Economy
The Legendary of Shitcoin: Meme to the 🌓 or Unique of 💎 or Simply just 💩
Crypto Economy: the Untold Speculative Financial System We will Live?
Shitcoin Economy: Part 1 - Category
Shitcoin Economy: Part 2 - Regulations
Shitcoin Economy: Part 3 - Environment
Shitcoin Economy: Part 4 - Technology
Shitcoin Economy: Part 5 - Detokenization
How to Spot a Real Shitcoin: Squid Game Token
-------------------------------------------------------------------------------------
Doge Economy
Doge 2.0: Who Let The Dog Out?!
Dogecoin 2.0: Doge Breeder Era
Shiba Gets Serious
Shiba Gets Serious 2.0
Digital Dog Fight: Doge vs. Shiba
-------------------------------------------------------------------------------------
Energy FUD
Bitcoin's Energy Concerns, Scalability and the End of Bitcoin Prediction
Unknown Author’s Hypothesis: Creator of PoW and PoS Hybrid Blockchain
-------------------------------------------------------------------------------------
Tokenoconomy
Tokenism: An Old Idea Get A New Invention
-------------------------------------------------------------------------------------
Crypto-regulation
Legal Framework of Virtual Currency
The Cantillon Effect: The 18th Monetary Curse About to be Broken
Crypto Regulation: What Regulations Anyway
Banks Bow Down to Crypto
-------------------------------------------------------------------------------------
Machine War
Artificial Intelligence vs. Blockchain: the Future of Machine War
Crypto War I: Birth of Public Key Cryptography
Crypto War II: Birth of Decentralized System
Crypto War III: Decentralized Hunger Game
-------------------------------------------------------------------------------------
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.
