卡蛙图kwanto
亏钱大师；被盗常客；好色之徒；豆包写手；03年，慢就是快，长期主义，坚持做对的事情；BTC hodler；Crypto since 2023
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Paper money is the biggest Ponzi scheme in history.
Rich Dad has long said: paper money is the biggest Ponzi scheme in history.
Poor Dad saves in dollars, Rich Dad hoards what won't be printed more.
Having navigated the financial markets for so many years, I always remember the most striking line from (Rich Dad, Poor Dad): 'Poor Dad saves in dollars, Rich Dad hoards what won't be printed more.' Looking at this today, it's not a prophecy, it's a bloody reality— we are experiencing the largest Ponzi scheme in human history, and the protagonists are the fiat currencies of various countries around the world.
Some may think the term 'Ponzi scheme' is too extreme, but if you think about the core logic of a Ponzi scheme: it relies on the funds from new participants to pay the 'returns' of existing participants. Once there is no new money flowing in, the entire system collapses instantly. Isn't the current fiat currency system just an upgraded version of this model? The day Nixon announced the decoupling of the dollar from gold in 1971 marked the 'start key' of the Ponzi scheme for global fiat currencies—when currency is no longer anchored to any scarce assets and turns into paper that can be printed infinitely by the government, its value is left with only people's trust and the state's coercive power.
Poor Dad saves in dollars, Rich Dad hoards what won't be printed more.
Having navigated the financial markets for so many years, I always remember the most striking line from (Rich Dad, Poor Dad): 'Poor Dad saves in dollars, Rich Dad hoards what won't be printed more.' Looking at this today, it's not a prophecy, it's a bloody reality— we are experiencing the largest Ponzi scheme in human history, and the protagonists are the fiat currencies of various countries around the world.
Some may think the term 'Ponzi scheme' is too extreme, but if you think about the core logic of a Ponzi scheme: it relies on the funds from new participants to pay the 'returns' of existing participants. Once there is no new money flowing in, the entire system collapses instantly. Isn't the current fiat currency system just an upgraded version of this model? The day Nixon announced the decoupling of the dollar from gold in 1971 marked the 'start key' of the Ponzi scheme for global fiat currencies—when currency is no longer anchored to any scarce assets and turns into paper that can be printed infinitely by the government, its value is left with only people's trust and the state's coercive power.
No One Understands Circle Better Than Me | From Star Stock on the New York Stock Exchange to Plummeting Over 70% | The 'Container Revolution' in Digital Finance | If Circle's Stock Price Drops to $41, Is it Time to Buy the Dip or Flee?
#美股 #美国核心CPI低于预期 #稳定币 #CRCL #Circle
Kwanto_LI
aloong_ljt@foxmail.com
Table of Contents
1. Introduction: Igniting the Topic - The Capital Frenzy and Controversy from USDC to CRCL
2. Basic Understanding: What is a Stablecoin? Why is it the 'Infrastructure' of the Blockchain World?
3. Comparative Landscape: USDC vs USDT, the Duel of the Stablecoin Titans
4. Policy Background: The Genius Act and How it Affects Circle's 'Ceiling'
5. Company Profile: Circle's Comeback Journey - From 'America's Alipay' to a Decade of Turbulence as a Stablecoin Giant
6. Profit Logic: How Does Circle Make Money? Interest Dependency and the Hope for Breakthrough
Kwanto_LI
aloong_ljt@foxmail.com
Table of Contents
1. Introduction: Igniting the Topic - The Capital Frenzy and Controversy from USDC to CRCL
2. Basic Understanding: What is a Stablecoin? Why is it the 'Infrastructure' of the Blockchain World?
3. Comparative Landscape: USDC vs USDT, the Duel of the Stablecoin Titans
4. Policy Background: The Genius Act and How it Affects Circle's 'Ceiling'
5. Company Profile: Circle's Comeback Journey - From 'America's Alipay' to a Decade of Turbulence as a Stablecoin Giant
6. Profit Logic: How Does Circle Make Money? Interest Dependency and the Hope for Breakthrough
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